Electrical Contractor
Industry: Industrials / Construction & Engineering
Location: California
The Employee Stock Ownership Plan (“ESOP”) purchased 100.0% of the common stock of the Company in a leveraged ESOP recapitalization.
COMPANY
The Company is a commercial electrical contractor that services clients that operate in the following market sectors: education, medical offices, office tenant improvement, residential and retail & entertainment.
OUR ROLE
Pendo Advisors, LLC served as independent financial advisor to the trustee of the ESOP and provided a fairness opinion in connection with the transaction.
