CET Energy Solutions Expands Electrical and Energy Services With Four Acquisitions

Highlights

• CET Energy Solutions has completed four acquisitions across Maryland, Massachusetts and New Jersey.

• The deals bring its total acquisitions to six and expand its workforce to more than 400 employees.

• Direct Electric Services and JDL Electric strengthen its electrical contracting capabilities in the Mid-Atlantic.

• New Horizons Technologies adds electrical construction and technology services in New England.

• Vanguard Building Solutions expands energy efficiency, building upgrades and solar capabilities nationally.

CET Energy Solutions has expanded its electrical construction and energy services platform through four acquisitions, strengthening its regional footprint and broadening its ability to deliver building efficiency upgrades. The transactions add electrical contractors in Maryland and Massachusetts, along with an energy solutions provider in New Jersey, as demand grows for infrastructure modernisation, electrification and energy cost management.

Acquisitions Strengthen Electrical Contracting Network

The acquisitions include three electrical contracting and technology businesses:

• Direct Electric Services, based in Mount Airy, Maryland, provides commercial electrical contracting, institutional project work and service contracts. Founded in 2003, it is licensed in Maryland, Virginia, Delaware and Washington, D.C.

• JDL Electric Company, headquartered in Halethorpe, Maryland, specialises in new construction, property management services and large tenant fit-outs. Founded in 1993, it is licensed in Maryland and Delaware.

• New Horizons Technologies, based in Sterling, Massachusetts, provides electrical construction, technology solutions and field services across Massachusetts, Connecticut, New Hampshire, Vermont and Maine. The business will operate as Commonwealth Electrical Technologies, a CET Energy Solutions company.

Direct Electric Services and JDL Electric will retain their existing names under the new ownership structure. Together, the acquisitions broaden CET's electrical contracting capabilities and strengthen its access to commercial and institutional customers across the Mid-Atlantic and New England.

Vanguard Adds Energy Efficiency and Building Upgrade Services

The fourth acquisition, Vanguard Building Solutions of Cherry Hill, New Jersey, adds energy efficiency services for commercial and industrial facilities. Founded in 2013, the company serves markets including healthcare, warehouses, commercial real estate, hospitality, senior living, higher education and multifamily housing.

Vanguard provides turnkey services covering energy audits, HVAC upgrades, LED lighting, indoor air quality improvements, building controls and solar installations. It also offers financing solutions to help facility owners and operators implement energy projects. The company will transition to the CET Energy Solutions brand.

The addition broadens CET's ability to support customers from energy assessments and project planning through implementation, complementing its electrical construction and renewable energy capabilities.

Why It Matters for Electrical and Energy Construction

The four transactions bring CET Energy Solutions' acquisition total to six, following the earlier additions of NuWave Energy Solutions and Horton Electrical Services. The combined platform now has more than 400 employees and is licensed in 10 states across New England and the Mid-Atlantic, with nationwide coverage for energy efficiency projects.

For construction and facility stakeholders, the expanded platform combines self-performing electrical contractors with energy services capabilities. This structure can support integrated project delivery across electrical construction, solar, battery energy storage systems, electric vehicle charging and building efficiency upgrades.

CET Energy Solutions is backed by Broad Sky Partners. The company did not disclose financial terms for the four acquisitions.

Source: CET Energy Solutions.