Deal Facilitated by Viking Mergers &
Acquisitions
CHARLOTTE, N.C., March 17,
2025 /PRNewswire/ -- After over 20 years of
serving the Charlotte market, LEED
Electric has been acquired by Amped Electric, a portfolio company
of Evolution Strategy Partners. Owners Theresa and John Gilmer decided to sell as part
of their retirement plan, prioritizing a transition that would
benefit their employees and customers while ensuring the company's
continued success.
"When John and I decided that we were ready to retire, we
reached out to Viking [M&A] for their assistance," said
Theresa Gilmer. "We ultimately
decided to partner with Amped Electric and Evolution Strategy
Partners. We felt that Amped and Evolution's approach to business
and their priority of providing top-level customer service aligned
well with our philosophy at LEED Electric."
Since 1997, LEED Electric has built a strong reputation for
delivering high-quality electrical contracting services. With this
acquisition, LEED can leverage Amped's resources and expertise to
continue providing outstanding service while growing its
capabilities.
"We are thrilled to welcome LEED Electric into the Amped
Electric family," said Michael
Jannace, Amped Electric President. "Together, we will
continue to provide top-tier electrical solutions to our clients
while expanding our reach in North
Carolina."
John Gilmer will remain with the
company to support a seamless transition. "It is very important to
us that our employees and customers ultimately benefit from the
sale," added Gilmer.
"We are very pleased with the job Jeff
Edge and Jay Offerdahl at
Viking did," Gilmer said of the Viking M&A team. "They were
there from the beginning and beyond the transaction's closing,
answering questions, managing the process, and working diligently
on our behalf to ensure the transaction was successful."
Viking is proud to have facilitated this transaction and looks
forward to seeing LEED Electric and Amped Electric thrive in this
new partnership.
About Viking Mergers and Acquisitions
Viking provides
M&A services to small and middle-market business owners. In
business since 1996, Viking is one of the largest business brokers
in the southeast U.S. The firm has successfully sold over 900
businesses with an 85% close rate, at an average of 96% of the
listing price. Visit https://www.vikingmergers.com to request
a free confidential business valuation or to get more
information.
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SOURCE Viking Mergers & Acquisitions
