ExitValue.ai

M&A TRANSACTION · 2019

CSI Electrical Contractors, Inc. acquired by MYR Group, Inc.

$79.7M· 0.30x revenue

Target

CSI Electrical Contractors, Inc.

Santa Fe Springs, CA

Full-service electrical contractor delivering commercial and industrial electrical construction services. Significant experience in solar, aerospace, healthcare, government and biomedical markets. Founded 1990.

Acquirer

MYR Group, Inc.

Strategic buyer

Disclosed financials at time of acquisition

Revenue

$265.0M

EBITDA

Deal Value

$79.7M

EV/EBITDA

Context

This $79.7M acquisition of CSI Electrical Contractors, Inc. by MYR Group, Inc. sits in the electrical sub-vertical. MYR Group, Inc. is acquiring as a strategic buyer; see how strategic acquirers typically price electrical businesses on our Electrical strategic buyer-pool page.

Source

Data sourced from MYR Group press releaseprimary source. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology

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Citation: ExitValue.ai. (2019). CSI Electrical Contractors, Inc. acquired by MYR Group, Inc.. https://exitvalue.ai/deals/csi-electrical-contractors-inc-acquired-by-myr-group-inc-electrical-p