Great Lakes Electric has been acquired by Oak Electric

Great Lakes Electric (“GLE” or the “Company”) has been acquired by Oak Electric, a portfolio company of ShoreView Industries. EdgePoint served as the exclusive sell-side financial advisor to GLE. Terms of the transaction were not disclosed.

Headquartered in Milan, OH, GLE is a leading provider of end-to-end electrical solutions, including design, installation, diagnosis, repair and maintenance to its commercial, residential, and industrial customers. GLE also provides installation and maintenance services for leading generator brands.

Oak Electric, based in Waterford, MI, with additional locations in Ohio, Vermont, and New Hampshire, provides specialized electrical services to residential and commercial clients, including backup generators, battery systems, solar installations, and electric vehicle charging stations.

EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.