EMCOR completes $865 million acquisition of Miller Electric Company
EMCOR Group completed its purchase of all outstanding stock of Miller Electric Company, a Southeastern U.S. electrical contractor, for $865 million in cash, subject to customary adjustments. The company said Miller Electric is expected to generate about $805 million in revenue and about $80 million in Adjusted EBITDA in calendar 2024, and that the deal is expected to be modestly accretive to earnings per share in 2025.
Key points
- Acquisition completed February 3, 2025 for $865 million in cash, funded through cash on hand
- Miller Electric expected to generate approximately $805 million in revenue and $80 million in Adjusted EBITDA in calendar 2024
- Expected to be modestly accretive to EMCOR's 2025 earnings per share; Miller Electric will join the Electrical Construction Services segment
- EMCOR will discuss the acquisition when it reports fourth quarter and full year 2024 results on February 26, 2025
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 03, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.