PRIME ELECTRIC LLC
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PRIME ELECTRIC LLC - overview
Established
1987
Location
Bellevue, WA, US
Primary Industry
Power & Utilities
About
Based in the US, Prime Electric, Inc. operates in the electrical construction sector, providing comprehensive services from design to maintenance for commercial electrical systems, ensuring efficiency and adherence to regulations. Founded in 1987, Prime Electric, Inc. focuses on electrical construction services, emphasizing the design, installation, and maintenance of commercial electrical systems.
The company is headquartered in Bellevue, US and has operated in two significant deal transactions. The details of the founder and their prior ventures are not noted. The most recent deal date was January 8, 2026, involving Truelink Capital as the investor. Prime Electric specializes in electrical construction services, focusing on the design, installation, and maintenance of commercial electrical systems.
The company employs a Design/Build model, allowing for a streamlined project delivery, ensuring efficiency and adherence to project specifications. Their services include emergency service calls, underground electrical systems, traffic control solutions, and utility services, addressing both simple and complex electrical needs. Commitment to sustainability is evident through their WELL and LEED certifications, aimed at environmentally conscious clients. Prime Electric primarily serves the Seattle and Silicon Valley markets, catering to a diverse clientele that includes educational institutions, commercial entities, and major retailers.
Prime Electric generates revenue through direct contracts with businesses and institutions for their extensive range of electrical construction services. Transactions are structured as B2B engagements, partnering with clients to deliver tailored electrical solutions. These typically encompass pre-construction planning, construction services, and ongoing maintenance contracts, creating a continuous revenue stream. Their flagship projects include renovations of educational facilities and commercial buildings, demonstrating their capability to handle large-scale contracts, with client agreements clearly outlining project timelines, responsibilities, and payment schedules.
In January 2026, Truelink Capital agreed to invest in Prime Electric, Inc. to support growth and expansion plans. The company aims to design and launch new electrical solutions, although specific product release dates are not disclosed. Additionally, Prime Electric is targeting expansion into new markets, including broader geographical regions, although specific regions have not been mentioned.
The recent investment will facilitate these strategic initiatives.
Current Investors
WestView Capital Partners
Primary Industry
Power & Utilities
Sub Industries
Electric Utilities, Power Generation Equipment & Services, Construction
Website
www.primee.com
Verticals
Infrastructure
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
PRIME ELECTRIC 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Announced | PRIME ELECTRIC LLC | - | ||||||||
| Buyout | Completed | PRIME ELECTRIC LLC | - |
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