Kohlberg-backed Loenbro acquires Prism Electric to expand in South
Type: Acquisition · Technology: Data Center · Country: United States · Announced: 2026-09-14
Kohlberg-backed Loenbro has acquired Prism Electric, an electrical contractor based in Texas and Oklahoma. Prism Electric, founded in 1994 by Blake Combs, serves data center, healthcare, industrial, and commercial customers. The acquisition is intended to expand Loenbro's presence in the Southern United States. Prism Electric currently employs approximately 2,500 individuals.
Analysis
Kohlberg-backed Loenbro has announced its acquisition of Prism Electric, an electrical contractor operating in Texas and Oklahoma. Founded in 1994, Prism Electric serves data center, healthcare, industrial, and commercial customers and currently employs approximately 2,500 individuals. This acquisition aims to expand Loenbro's footprint within the Southern United States.
Key points
- Kohlberg-backed Loenbro acquires Prism Electric.
- Prism Electric operates in Texas and Oklahoma.
- Prism Electric was founded in 1994.
- Prism Electric employs approximately 2,500 individuals.
- The deal was announced on 2026-09-14.
Counterparties
- Loenbro (Buyer)
- Kohlberg (Parent Company)
- Prism Electric (Seller)
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