October 6, 2021

Transaction Announcement

BOSTON, MA -- Dunn Rush & Co. LLC is pleased to announce the recent closing of the recapitalization of New England Electrical Contracting Corp. (“NEECC”) by Pfingsten Partners LLC ("Pfingsten"), in partnership with owner Kevin Farrell.  Dunn Rush & Co. served as financial advisor to NEECC in the transaction.  

 

NEECC (www.neecc.com), is a leading, vertically integrated provider of critical electrical services supporting the rollout of 5G technology and electric vehicle charging stations. The Company's services include the installation, retrofit, maintenance, repair and decommissioning of electrical infrastructure. NEECC is headquartered in Kingston, Massachusetts, with three additional locations throughout Massachusetts.

 

Pfingsten (www.pfingsten.com) is an operationally focused private equity firm formed in 1989. From its headquarters in Chicago, IL and representative offices in ChangAn, China, New Delhi, India and Chennai, India, the firm builds better businesses through operational improvements, professional management practices, global capabilities and profitable business growth. Since completing its first investment in 1991, Pfingsten has raised five investment funds with total commitments of approximately $1.3 billion and has acquired 148 manufacturing, distribution and business services companies.

For more information about this transaction, you can click here to access the press release.

 

Dunn Rush & Co. LLC was founded in 2009 to provide high quality merger and acquisition advisory services to middle market companies valued between $20 million and $250 million. Dunn Rush & Co. LLC has significant expertise in the following industry sectors: Business Services; Construction Services; Consumer; Defense & Security; Healthy Living; Instrumentation; Manufacturing & Distribution; Medical Technology & Services; and Technology, Software & Data Services. The Firm is a registered Broker-Dealer and is headquartered at 101 Federal Street, Boston MA 02110. For further information, please visit our website at www.dunnrush.com or contact us at 617-451-0001.

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