M&A TRANSACTION · 2025
Miller Electric Company acquired by EMCOR Group
$865.0M· 10.8x EBITDA· 1.07x revenue
Target
Miller Electric Company
Jacksonville, FL
Leading electrical contractor serving high-growth areas across the Southeastern US. Headquartered in Jacksonville, FL with 21 branch locations.
Acquirer
EMCOR Group
Strategic buyer
Disclosed financials at time of acquisition
Revenue
$805.0M
EBITDA
$80.0M
Deal Value
$865.0M
EV/EBITDA
10.8x
Context
This $865.0M acquisition of Miller Electric Company by EMCOR Group sits in the electrical sub-vertical. The 10.8x EBITDA multiple paid in 2025 can be compared against the population median for electrical transactions of similar size on our Electrical valuation hub. EMCOR Group 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 EMCOR Group press release — primary source. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology
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