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McDonald Electrical Corporation Announces Acquisition of ANJ Electric, Expanding Regional Footprint and Enhancing Service Capabilities

1. McDonald Electrical acquires ANJ Electric for regional expansion. 2. Acquisition enhances services in Rhode Island and Connecticut. 3. Retains skilled workforce to ensure business continuity. 4. Focus on multi-state operations and quality customer service. 5. Strengthens capabilities in various industries including aviation and healthcare.

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FAQ

Why Neutral?

This acquisition does not create immediate market excitement or substantial changes. Historical examples, such as similar acquisitions in the electrical sector, have proven to have varying effects on stock prices.

How important is it?

The acquisition strengthens regional capabilities but is not a game-changer for immediate stock performance.

Why Long Term?

Expansion into new geographic markets takes time to show profitability. Previous long-term expansions have led to gradual revenue increases.

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ANJ Electric
BOSTON--(BUSINESS WIRE)--McDonald Electrical Corporation, a leading provider of full-service electrical, medium voltage, fire alarm, and telecommunications solutions, is pleased to announce the acquisition of ANJ Electric, a respected union electrical contractor serving Rhode Island and Connecticut. This strategic acquisition supports McDonald Electricals’ ongoing expansion efforts and reflects its continued commitment to delivering customer-first, high-quality electrical services throughout the Northeast.“Our customers are growing-and we’re growing with them,” adds Mike McDonald. “This acquisition allows us to support multi-state operations and deliver high-quality electrical solutions across the Northeast to better serve concentrated areas and industries.Share “This acquisition marks a significant milestone for McDonald Electrical as we expand our reach beyond Massachusetts to better serve our customers operating across state lines,” said Mike McDonald, President of McDonald Electrical. “We’re excited to welcome ANJ’s experienced team and build on our shared commitment to excellence, safety, and innovation.” The acquisition strengthens McDonald Electricals’ regional capabilities by providing: Geographic Expansion into Rhode Island and Connecticut, with full licensing in both states to better serve customers. A Retained Skilled Workforce with deep local industry knowledge and ties to the market and community. Enhanced Commercial and Industrial Services, bringing McDonald’s full-service approach across state lines with experienced coordination, management and execution on all projects to include electrical construction, medium and high voltage utility services, tele data, fire alarm, prefabrication, design-build, and design assist capabilities—to new customers and markets. ANJ Electric will continue operating under its established name as a division of McDonald Electrical, with its local leadership team remaining in place to ensure business continuity and seamless service for existing clients. Both companies share a strong cultural alignment, operating as union contractors and prioritizing workforce development, safety, and long-term client relationships. “Our customers are growing—and we’re growing with them,” adds Mike McDonald. “This acquisition allows us to better support multi-state operations and deliver high-quality electrical solutions across the Northeast to better service concentrated areas and industries to include utility, power generation, aviation, life sciences, higher education, railway, residential, sustainable energy, and more, all while staying true to the values that define us: quality, integrity, and client-focused service.” About McDonald Electrical Corporation Founded in 1999, McDonald Electrical Corporation is a leading full-service electrical contractor serving the Northeast. Known for its customer-centric model and deep technical expertise, McDonald has built a reputation for delivering high quality electrical solutions to the region’s most skilled and respected general contractors. McDonald’s comprehensive services include installation of power distribution systems, medium and high voltage utility services, lighting and lighting control systems, fire alarm and life safety systems, low voltage systems, tenant fit-out, electrical renovations, and service and maintenance work. The company has met complex electrical construction requirements for projects in diverse market sectors, including utility, power generations, aviation, corporate, commercial, higher education, entertainment, institutional, healthcare, life sciences, residential, renewables, and public facilities.

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