BKD Capital Advisors Advises Excel Utility Contractors on Acquisition

News Release Sep 20, 2021
Excel Utility ContractorsExcel Utility Contractors

NATIONAL OFFICE – BKD Capital Advisors (BKDCA) is pleased to announce that Excel Utility Contractors (Excel) has been acquired by Revive Holdings, an affiliate of independent sponsor Sileo Capital, in partnership with Brightwood Capital Advisors and Mizzen Capital. BKDCA served as the exclusive financial advisor to Excel.

Excel is a critical infrastructure services provider to commercial and government customers offering installation and maintenance services in the telecommunications, gas distribution, water main, service installation and utilities industries.

Excel sought a capital advisor to explore a partnership that would enhance future growth opportunities of its company and expand service offerings. The BKDCA team went to market and sourced potential buyers who had relevant industry experience as well as a shared focus on customer service and offering high-quality services.

For more information about the transaction, please contact BKD Trusted Advisor™ Tony Giordano at 303.837.3562 or agiordano@bkd.com.

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