Middle-market private equity firm Huron Capital has launched its facility services ExecFactor platform formed to execute a buy-and-build in the electrical services space, which coincides with Huron’s acquisition of RK Electric, an electrical contractor based in the San Francisco Bay Area.
Based in Fremont, Calif., RK is experienced in serving commercial clients in technical end markets including semiconductor, biotechnology, EV and battery manufacturing and higher education. The company was established in 1985 and offers engineering, design-build, retrofit, reoccurring services and other auxiliary services.
“RK Electric’s service-first culture and best-in-class training and safety programs combined with its long-term, embedded customer base make this a compelling cornerstone investment for our latest ExecFactor initiative,” comments Brian Rassel, partner and facility services sector captain with Huron.