SDR Ventures Advises L&D Electric on Acquisition by Series 1 Acquisitions, LLC
SDR Ventures is pleased to announce that L&D Electric (“L&D” or “Company”) has been acquired by Series 1 Acquisitions, LLC. SDR served as the exclusive sell-side advisor to L&D Electric throughout the transaction process.
Founded in 2007 L&D Electric is a Colorado-based electrical contractor specializing in commercial and residential wiring for new construction and remodel. The Company is headquartered in Aurora, CO, and serves markets across the greater Denver metropolitan area. L&D works primarily with high-end custom home builders, multi-family apartment complexes, and large commercial developers.
Since its inception, L&D Electric has continually provided its clients with the highest quality of electrical work, earning them an industry-leading reputation across the Colorado market. The Company’s quality of work and commitment to superior customer service has turned L&D into a one-stop solution for commercial and residential builders.
“Our entire team at L&D is incredibly thankful for the support and guidance that Mike and his team at SDR brought to the table throughout the transaction process,” added Deigo Tellez, CEO of L&D Electric. “I am confident that the Company’s legacy and commitment to service will be in capable hands for years to come.”
“It was a pleasure to work alongside and assist Diego and his team at L&D Electric. The level of commitment and detail that L&D provides to its clients has solidified its place as a market leader,” added Mike Grande, Managing Director at SDR Ventures. “Despite the process presenting us with unique challenges, our team was glad to be able to help Diego and his team achieve their transaction goals. It is rewarding to see that the legacy of L&D Electric will continue to thrive under its new ownership.”
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