Nov 2024 | Kentucky
Stansbury Electric Co. Acquired by KSC Holdings
We are pleased to announce the sale of our client, Stansbury Electric Co., to KSC Holdings. The acquisition closed November 8, 2024.
Located in Louisville Kentucky, Stansbury Electric Co. is a family-owned electrical contracting company serving residential and commercial clients. Offering services like new construction, generator installations, panel upgrades, and solar solutions, the company is known for professionalism, affordability, and a one-year warranty on parts and labor. Stansbury Electric proudly serves Louisville and surrounding areas, including parts of Indiana.
Based in Danville, Kentucky, KSC Holdings invests in mechanical construction companies and supplies throughout Kentucky and surrounding states. Jamie Durham and Todd Clark are the principals of the firm. KSC Holdings currently has holdings in the plumbing, electrical, garage door and Industrial Supplies space with two more acquisitions scheduled to close by the end of 2024.
“This was a great fit for both KSC Holdings and Stansbury Electric. We’re excited to see what the future holds for Stansbury Electric,” said Madison Buckley, Vice President, M&A.
Generational Group Executive Managing Director, M&A – Michael Goss, and his team led by Generational Affiliate, Mark Long, with the support of Vice President, M&A, Madison Buckley, successfully closed the deal. Senior M&A Advisor, Peter Stone, established the initial relationship with Stansbury Electric Co.
Ryan Binkley, CEO of Generational Group, added, “At Generational Group, we are proud to facilitate such impactful transactions.”
About KSC Holdings, LLC
KSC Holdings, LLC is located in Danville, KY and is a privately help Holding Company investing in Mechanical Construction businesses through acquisition and growth throughout Kentucky and surroundings states. With current assets in the garage door, plumbing, electrical and supply sectors, KSC Holdings is building a Premier Mechanical Services business. KSC Holdings is actively seeking new acquisitions with multiple closings planned at the end of 2024 and the first quarter of 2025.
If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Engineering, Contracting & Construction page.
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