Sargent Electric has been acquired by Constructel Visabeira
October 2024 – England & Company is pleased to announce that it served as the financial advisor to Sargent Electric Company, LLC (“Sargent”), a leading electrical contractor with over $400 million in annual revenue, in its sale to Constructel Visabeira (“Constructel”), a global leader in providing energy and telecommunications engineering and construction services, backed by Goldman Sachs Alternatives.
Based in Pittsburgh, Pennsylvania, Sargent is a full-service electrical contractor serving Fortune 500 companies throughout the United States. The company has a long history and proven capabilities in energy transition projects (including renewable energy projects such as wind, solar, renewable natural gas, and battery energy storage), utility transmission, distribution, and substation projects, commercial and industrial projects, and data center projects.
This acquisition strengthens Constructel’s position in the U.S. energy and renewables sector as well as the technology and AI sectors. Its expansion will enhance its capabilities, geographic footprint, and customer base while creating commercial synergies with JFECC, a U.S. company Constructel acquired in 2020. This strategic move positions Constructel for accelerated and sustainable growth by combining its expertise with Sargent’s brand and established client relationships.
About Sargent Electric Company
Founded in 1907, Sargent Electric is a top-tier electrical construction and services company offering a wide range of electrical services to clients in the energy, infrastructure, industrial, and commercial sectors. With over a century of experience and a dedicated team of professionals, Sargent Electric is recognized for its safe, high-quality work, reliability, customer-focused approach, and proven delivery capabilities. With over 1,000 direct employees, the company has facilities in the Midwest, Mid-Atlantic, and Northeast regions, including Pennsylvania, Indiana, Maine, Wisconsin, and Ohio, and provides services across the U.S. For more information please visit:www.sargentelectric.com
About Constructel Visabeira
Based in Portugal, Constructel Visabeira is a leading international company in the telecommunications and energy sectors, with integrated skills that allow us to offer customized solutions for each customer. With more than 40 years of experience and owned by the Visabeira Group, a multinational and multisectoral holding company operating in the sectors of Telecommunications, Energy, Technology, Construction, Industry, Real Estate and Tourism, Constructel is already an essential reference with unique know-how that enables a diversified offer of turnkey solutions, including the design, implementation, construction, and maintenance of network infrastructures. The dedication and responsiveness of our teams are up to the expectations of the most demanding customers and the most challenging markets. For more information please visit: www.constructelvisabeira.com
Sargent Electric has been acquired by Constructel Visabeira
October 2024 – England & Company is pleased to announce that it served as the financial advisor to Sargent Electric Company, LLC (“Sargent”), a leading electrical contractor with over $400 million in annual revenue, in its sale to Constructel Visabeira (“Constructel”), a global leader in providing energy and telecommunications engineering and construction services, backed by Goldman Sachs Alternatives.
Based in Pittsburgh, Pennsylvania, Sargent is a full-service electrical contractor serving Fortune 500 companies throughout the United States. The company has a long history and proven capabilities in energy transition projects (including renewable energy projects such as wind, solar, renewable natural gas, and battery energy storage), utility transmission, distribution, and substation projects, commercial and industrial projects, and data center projects.
This acquisition strengthens Constructel’s position in the U.S. energy and renewables sector as well as the technology and AI sectors. Its expansion will enhance its capabilities, geographic footprint, and customer base while creating commercial synergies with JFECC, a U.S. company Constructel acquired in 2020. This strategic move positions Constructel for accelerated and sustainable growth by combining its expertise with Sargent’s brand and established client relationships.
About Sargent Electric Company
Founded in 1907, Sargent Electric is a top-tier electrical construction and services company offering a wide range of electrical services to clients in the energy, infrastructure, industrial, and commercial sectors. With over a century of experience and a dedicated team of professionals, Sargent Electric is recognized for its safe, high-quality work, reliability, customer-focused approach, and proven delivery capabilities. With over 1,000 direct employees, the company has facilities in the Midwest, Mid-Atlantic, and Northeast regions, including Pennsylvania, Indiana, Maine, Wisconsin, and Ohio, and provides services across the U.S. For more information please visit:www.sargentelectric.com
About Constructel Visabeira
Based in Portugal, Constructel Visabeira is a leading international company in the telecommunications and energy sectors, with integrated skills that allow us to offer customized solutions for each customer. With more than 40 years of experience and owned by the Visabeira Group, a multinational and multisectoral holding company operating in the sectors of Telecommunications, Energy, Technology, Construction, Industry, Real Estate and Tourism, Constructel is already an essential reference with unique know-how that enables a diversified offer of turnkey solutions, including the design, implementation, construction, and maintenance of network infrastructures. The dedication and responsiveness of our teams are up to the expectations of the most demanding customers and the most challenging markets. For more information please visit: www.constructelvisabeira.com