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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 to expand operations in Northeast markets. 2. Acquisition allows multi-state services in Rhode Island and Connecticut. 3. The move retains local workforce expertise and aims for enhanced service delivery. 4. McDonald Electrical emphasizes commitment to quality and customer-focused services. 5. ANJ Electric will operate under its name, ensuring continuity for clients.

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FAQ

Why Neutral?

While the acquisition indicates growth potential, it may not have immediate significant impact on MCD's stock, similar to prior acquisitions in the sector which showed gradual benefits over time. The market often reacts cautiously to expansion announcements until clear financial metrics are provided.

How important is it?

The acquisition represents strategic growth and may attract investor attention; however, immediate impact specifics are unclear.

Why Long Term?

The long-term operational benefits from geographic and service expansion may enhance growth, akin to past acquisitions improving regional market reach for comparable firms over several quarters.

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ANJUBEGE
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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