Professional Electrical Contractors of Connecticut, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Professional Electrical Contractors of Connecticut, Inc. - overview
Established
1983
Location
-, MA, US
Primary Industry
Construction
About
Founded in 1983, Professional Electrical Contractors of Connecticut, Inc. (PEC) focuses on electrical contracting services for a diverse clientele. The company has maintained its core operations without significant strategic pivots and does not have known subsidiaries. PEC is based in Connecticut and serves clients in neighboring states, catering to various sectors including healthcare and education.
In February 2025, Alaris Equity Partners invested in Professional Electrical Contractors of Connecticut, Inc. for USD 61. 1 million, comprising of USD 37 million in debt and preferred equity, and a USD 24. 1 million minority equity ownership.
As of April 2025, Jim Bisson is the Chief Executive Officer (CEO) of the company. Professional Electrical Contractors of Connecticut, Inc. (PEC) specializes in high-quality electrical contracting services, offering solutions for commercial, industrial, and residential projects. The company engages in comprehensive electrical installations, maintenance, and safety training programs, employing advanced techniques such as Building Information Modeling (BIM) and pre-fabrication to enhance project efficiency.
PEC serves a varied client base, including general contractors and property developers, reaching markets beyond Connecticut to neighboring states. PEC generates revenue mainly through direct contracts for electrical services, operating under a B2B model with larger contractors. Transactions are structured around fixed-price agreements or time-and-material contracts, with detailed proposals outlining costs based on project complexity. The company's services, including electrical installations and safety training, are critical for operational standards, fostering ongoing partnerships and repeat business.
In February 2025, Alaris Equity Partners invested in Professional Electrical Contractors of Connecticut, Inc. , enabling the company to accelerate its growth plans. PEC aims to expand its geographical reach and enhance its service offerings, with specific strategies including the development of new products and services tailored for emerging markets. The investment will support initiatives targeting regions with growing demands for electrical contracting solutions.
Current Investors
Alaris Equity Partners
Primary Industry
Construction
Sub Industries
Construction, Electronics
Website
www.pecofct.com
Verticals
Infrastructure
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Professional Electrical Contractors of Connecticut, Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Professional Electrical Contractors of Connecticut, Inc. | - |
Displaying 1 - 1 of 1
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.