
Starr Electric Company
Founded Year
1928Stage
Acquired | AcquiredAbout Starr Electric Company
Starr Electric Company provides commercial and industrial contract electrical work. On February 10th, 2020, Starr Electric Company was acquired by Comfort Systems USA. Terms of the transaction were not disclosed.
Latest Starr Electric Company News
Feb 11, 2020
Comfort Systems acquires Starr Electric Company Feb. 11, 2020 10:03 AM ET Comfort Systems USA ( FIX +3%) to acquire the Starr Electric Company (founded in 1928), headquartered in Greensboro, North Carolina. Terms of the acquisition were not disclosed. Starr provides electrical installation across North Carolina. Starr engages in a broad range of electrical contracting projects and services. Starr also participates in modular and off-site construction services. Starr has a long-standing partnership with Environmental Air Systems, a Comfort Systems USA subsidiary that includes a leading modular construction and off-site construction offering. Initially Starr is expected to contribute annualized revenues of ~$90M to $100M, and EBITDA of $5M to $6M. The acquisition is expected to make a neutral to slightly accretive contribution to EPS in 2020 and 2021.
Starr Electric Company Frequently Asked Questions (FAQ)
When was Starr Electric Company founded?
Starr Electric Company was founded in 1928.
Where is Starr Electric Company's headquarters?
Starr Electric Company's headquarters is located at 6 Battleground Ct, Greensboro.
What is Starr Electric Company's latest funding round?
Starr Electric Company's latest funding round is Acquired.
Who are the investors of Starr Electric Company?
Investors of Starr Electric Company include Comfort Systems USA.