KNX Utility Services, LLC
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KNX Utility Services, LLC - overview
Established
2015
Location
-, MI, US
Primary Industry
Construction
About
KNX Utility Services, LLC is a US-based electrical contracting firm specializing in transmission and distribution. The company delivers essential services to utility providers, enhancing public safety during critical operations. Founded in 2015, KNX Utility Services, LLC offers comprehensive electrical contracting services. The company operates from its headquarters in the US, focusing on servicing utility companies and municipalities.
In March 2026, Aecon Utilities Group Inc. acquired a 49% minority stake in KNX from Ryker Holdings Inc. , facilitating growth in the electrical market. KNX Utility Services specializes in transmission and distribution electrical contracting, providing a range of services that support utility companies.
Their offerings include construction, storm response, inspection, and repair of electrical infrastructure, ensuring safety and reliability. The company serves clients across various sectors, including utility firms and municipalities, particularly during adverse weather events. KNX's experienced teams operate in multiple states, addressing electrical distribution challenges and enhancing public safety. KNX Utility Services generates revenue through direct contracts with utility companies and municipalities requiring electrical services.
They engage in service agreements covering various projects, including storm response and powerline inspections. Long-term partnerships with clients foster consistent revenue streams through ongoing maintenance and emergency services, with pricing tailored to the specific needs of each project. Looking ahead, KNX Utility Services plans to leverage its recent acquisition by Aecon Utilities Group Inc. to accelerate growth in the electrical and transmission markets.
The company aims to expand its service offerings and enter new geographic regions by 2026, focusing on areas affected by extreme weather. The acquisition provides financial backing to support these initiatives, enabling KNX to enhance its operational capabilities and market reach.
Current Investors
Aecon Utilities Group Inc.
Primary Industry
Construction
Sub Industries
Power & Utilities, Construction, Industrial Machinery
Website
www.knxus.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
KNX Utility Services, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Corporate Carve Out | Completed | KNX Utility Services, LLC | - |
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