CHARLOTTE, NORTH CAROLINA — According to the company, the deal should accelerate national expansion and growth opportunities for utility services companies.
United Utility, a multifaceted utility services company, has acquired Williams Electric Company, a comprehensive electrical utility contractor with primary operations in North and South Carolina and expanded reach throughout the southeast United States. According to the company, the acquisition should add a recognized, trusted brand to United Utility's platform of utility service providers, while also growing its national footprint.
United Utility said how Williams Electric would continue to operate with no changes to either their name or staff and that all future work would be a collaboration with United Utility to serve customers and pursue new opportunities to expand services.
"This partnership represents an exciting opportunity to build upon Williams Electric's well-respected brand, experience and dedicated staff to provide top-notch service to our respective customers throughout the region," said United Utility CEO Ali Azad. "With the addition of Williams Electric to our team, we continue to enhance and expand our suite of utility services for customers along the East Coast, especially in the transmission and distribution sector," Azad went on to say.
"We are very excited to partner with United Utility, who values these principles and will work with us to continue to provide dependable and efficient service while maintaining the same name and staff that our customers have grown to know and trust," said Williams Electric President Rick Falls.
According to United Utility, this acquisition is the latest in a series, which is a part of the company's national growth strategy that began in 2018 with the acquisition of W.A. Chester, a leading electrical contractor offering specialized services in underground transmission and distribution cable systems, overhead distribution, substations, and communications.
Source: United Utility