Constructel Visabeira has acquired Sargent Electric, enhancing its position in the U.S. energy sector with a focus on renewable energy and technology solutions.
Target Information
Sargent Electric Company, LLC ("Sargent"), strategically located in Pittsburgh, Pennsylvania, is a prominent electrical contractor recognized for its robust performance, generating over $400 million in annual revenue. Established in 1907, Sargent has cultivated a reputation for excellence in providing comprehensive electrical services across various sectors, including energy, infrastructure, industrial, and commercial domains.
Utilizing a team of over 1,000 skilled professionals, Sargent has developed significant expertise in undertaking complex energy transition projects, such as renewable energy initiatives (including solar, wind, renewable natural gas, and battery energy storage), as well as utility transmission, distribution, substation projects, commercial demands, and data center projects. This extensive experience enables Sargent to effectively serve a diverse clientele, including numerous Fortune 500 companies throughout the United States.
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Industry Overview
The electrical contracting industry in the United States is undergoing notable transformation, driven by increasing demand for renewable energy and advanced technologies. In particular, the shift towards sustainability has propelled numerou
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Constructel Visabeira
invested in
Sargent Electric Company, LLC
in 2024
in a Late-Stage VC deal
Disclosed details
Revenue: $400M