Lexington, KY — Founded in 1977 and headquartered in Lexington, KY, Amteck, LLC ("Amteck" or the "Company") is a national provider of design build electrical contracting services targeting a diverse mix of greenfield- and expansion-related non-residential construction projects.
Amteck supports the facility growth expansion initiatives of companies that operate in the manufacturing, food and beverage, commercial and institutional sectors. The Company's service offerings include three distinct divisions: core electrical (inclusive of both design build and plan spec work), special services (low voltage work), and service (troubleshooting and repair). The Company has established itself as an industry powerhouse that operates on a national scale, serving a variety of customers including blue-chip Fortune 100 companies. Trive Capital acquired Amteck in July of 2015 and immediately set the groundwork to create an infrastructure that would support growth through acquisitions to expand the Company's geographic reach and diversify its service line offerings. FocalPoint Securities, LLC ("FocalPoint") served as exclusive investment banker to Amteck and Trive Capital.
Daren Turner, CEO of Amteck, said, "The FocalPoint team helped identify lenders with deep industry knowledge and experience, and was able to deliver a structure that allows us to continue implementing our organic growth and acquisition strategy."
Desmond Henry, Managing Director of Trive Capital, added, "FocalPoint managed every stage of the process, resulting in an efficient and very successful transaction that allowed us to focus on new opportunities. FocalPoint provided numerous options and structures to choose from and, by driving the process forward at every step, a higher certainty of closing. We are extremely pleased with the outcome and are thrilled to have partnered with Tennenbaum Capital on this transaction."
About Trive Capital
Trive Capital is a Dallas, Texas, based private equity firm managing more than $2 billion in capital. Trive focuses on investing in what it sees as strategically viable middle-market companies with the potential for transformational upside through operational improvement. Trive seeks to maximize returns through a hands-on partnership that calls for identifying and implementing value creation ideas. For more information, please visit www.trivecapital.com.
About Amteck
Amteck, headquartered in Lexington, Kentucky, is a national provider of design build electrical contracting services targeting a diverse mix of greenfield- and expansion-related non-residential construction projects. Amteck supports the facility growth expansion initiatives of companies that operate in the manufacturing, food and beverage, commercial and institutional sectors. For more information, please visit www.amteck.com.
About FocalPoint Partners
FocalPoint is an independent investment bank specializing in mergers and acquisitions, private placements (both debt and equity), financial restructurings and special situation transactions. With offices in Los Angeles and Chicago, the firm serves middle market clients throughout the U.S. For more information, please visit www.focalpointllc.com.