HKW has acquired Electric Equipment & Engineering Co., a manufacturer of engineered electrical power products, to enhance its portfolio and leverage growth opportunities in the electrical equipment industry.

Target Information

Electric Equipment & Engineering Co. (EEE) is a distinguished manufacturer specializing in engineered electrical power products tailored for the power, telecommunications, and broadband industries. Founded in 1922 in Denver, Colorado, EEE has a rich history as a family-owned business, primarily owned by the Morroni family for three generations prior to its recent acquisition. The company excels in designing and manufacturing a variety of customized AC and DC power products, including switchgear, generator connection boxes, transfer switches, and battery disconnects. EEE's products predominantly serve backup power systems and are frequently utilized in retrofitting existing facilities.

Industry Overview

The electrical equipment manufacturing sector has seen robust growth in the United States, driven by advancing technological demands in various industries, including telecommunications and renewable energy. As companies prioritize the reliability and efficiency of their power solutions, the demand for customized and engineered products, such as those offered by EEE, continues to rise. The industry's evolution correlates with the increasing complexity of electrical systems and the need for high-quality power distribution.

In recent years, the telecommunications and broadband sectors have experienced a significant transformation, necessitating innovative electrical infrastructure to support growing data consumption and connectivity needs. The trend to