Kohlberg-Backed Loenbro Acquires Prism Electric

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Kohlberg-Backed Loenbro Acquires Prism Electric

peprofessional

1 day ago

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Loenbro, a construction and maintenance contractor backed by Kohlberg & Company, has acquired Prism Electric, a Texas-based electrical contractor with about 2,500 employees.

Prism is the biggest acquisition in Loenbro's history. It comes nine months after Kohlberg agreed to acquire a majority stake in Loenbro from Braemont Capital, which retained a minority interest alongside Kohlberg.

Prism designs, installs and maintains electrical systems for hospitals, data centers, airports, schoo...

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