Powercon Corporation has been acquired by Electro-Mechanical, LLC
Electro-Mechanical acquired Powercon Corporation (“Powercon”), a premium provider of custom-designed medium voltage switchgear, e-houses, and modular substation power systems. EdgePoint served as the exclusive financial advisor to Powercon. Terms of the transaction were not disclosed.
Founded in 1959 and headquartered in Severn, Maryland, Powercon Corporation designs and manufactures medium voltage metal-clad and metal-enclosed switchgear and fully integrated power distribution centers with complementary products including load-break switches, high-resistance grounding systems, and circuit breaker racking systems. Powercon serves utility, data center, and industrial customers across North America, focusing on safety, reliability, and engineering excellence.
Electro-Mechanical, LLC was founded in 1958 and is headquartered in Bristol, VA. With over 700 employees, the Company is one of America’s largest privately held manufacturers of medium voltage switchgear and power distribution equipment. Electro-Mechanical sells its products under the Federal Pacific, Line Power, Mirus International, GridConnex, and Coordinated Designs & Controls brands, and is recognized throughout the U.S. for the supply of high-quality power distribution products and unparalleled industry knowledge and customer support. With six manufacturing facilities, the Company has nearly one million square feet of modern manufacturing facilities located in the U.S., Canada, and Mexico.
EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.
Our clients say...
Roger Levin, Owner, Powercon Corporation
“I am delighted to share my experience working with Matt Keefe and the EdgePoint team. Selling Powercon was a major decision, and the EdgePoint team guided me through each step with confidence, transparency, and integrity. During every stage of the process, their professionalism, expertise, and attention to detail were evident. The marketing strategy EdgePoint implemented was spot-on, attracting the right buyers and ensuring Powercon was presented in the best possible light. Communication was always clear and timely, keeping me informed and at ease throughout what could have been a stressful time. Thanks to your dedication and hard work, the sale was completed efficiently and exceeded my expectations. I highly recommend you and your firm to anyone considering selling their business — you are truly outstanding at what you do!”
