Founders Advises Quality Electric of the Coastal Carolinas in Sale to L&S Mechanical
BIRMINGHAM, Ala. (November 22, 2024) – Founders is pleased to announce that certain principals of Founders Advisors, LLC advised Quality Electric of the Coastal Carolinas (“QECC” or the “Company”) in its sale to L&S Mechanical (“L&S”). The transaction closed on November 1, 2024.
Known for its dedication to quality, integrity, and customer satisfaction, QECC has built a successful business by providing exceptional turn-key services to both residential and commercial customers. The integration of QECC into L&S Mechanical allows both companies to leverage each other’s strengths, offering unparalleled service across an expanded market.
Chad Sanders, Owner and President of QECC, commented on the partnership, “We are thrilled to join forces with L&S Mechanical. This partnership is a natural fit, and we believe it will provide immense value to our customers and employees. L&S Mechanical’s values resonate with our own. Our team is excited by what the future holds, and I am proud to have reinvested in the combined business.”
Cort Rohr, CEO of L&S Mechanical, shared his thoughts on the acquisition, “The acquisition of QECC is a defining moment in our company’s growth strategy as we are now expanding our reach beyond the state of Texas. This partnership enhances our capabilities throughout our organization. QECC’s first class reputation for exceptional electrical services across the residential and commercial sectors aligns perfectly with our commitment to providing high-quality plumbing, HVAC, and electrical solutions. We look forward to the electrical expertise this partnership will add to our teams.”
“Through our relationship with the QECC team, we understood that providing exceptional service, prioritizing customer satisfaction, and maintaining a strong dedication to their workforce were top priorities. L&S seamlessly matched the criteria that Chad and the rest of the QECC team were seeking in a partner. We are excited about this newfound partnership and look forward to seeing the Company’s continued growth in the coming years,” said John Sullivan, Managing Director at Founders.
About QECC
Founded by the Sanders family in 1979, and owned and led by Chad Sanders since 2009, QECC has built a trusted name in electrical services across the Carolinas and Georgia. Headquartered in Charleston, SC, with additional offices in Columbia, Myrtle Beach, Savannah/Bluffton, Greenville, and North Carolina, QECC has established itself as a preferred provider in the region by exceeding customer expectations through reliable and efficient service.
About L&S
L&S Mechanical is a leading tri-trade provider of turnkey plumbing, HVAC and electrical installation services in the Texas residential market. Founded in 1985, L&S is headquartered in Richardson, Texas, and serves large production homebuilders in Dallas / Fort Worth, Houston, San Antonio, and Austin through its five production warehouses.
About Founders Advisors
Founders’ Industrials Group supports their clients through deep sector expertise in Facility & Industrial Services. Our team captures perspectives on relevant industry trends, unique competitive landscape shifts and key positioning insights to relevant investors. Should you be exploring opportunities in Facility & Industrial Services or considering alternatives, please feel free to reach out to our team.