Egan Co. Acquires ColliSys
TheEgan Co.recently acquired Collins Electrical Systems Inc. ( ColliSys), strengthening Egan’s position as the third largest electrical contractor in the market with combined annual revenue in the $150 million range.
“While Egan has been traditionally stronger in electrical construction and special projects, ColliSys has been the area’s largest provider of outside electrical construction and service. So it makes us stronger all around,” saidJim Malecha, Egan president and CEO. Outside electrical includes highway and road construction, exterior building lighting, and parking lot applications.
ColliSys executivesBruce YoungandBob Gorgwill assume senior leadership roles at Egan, serving as senior vice president of electrical special projects and senior vice president of the combined outside electrical group, respectively.
The combined company will operate primarily from Egan’s Brooklyn Park home with the outside electrical group activities housed at the former ColliSys offices on Minnesota State Highway 169 in New Hope, MN.
Source: Egan Co.