Birmingham, Ala. (June 25, 2026) – Founders is pleased to announce that Taylor Electric, Inc. (“Taylor Electric” or the “Company”) has been acquired by Sole Source Capital (“Sole Source”). Taylor Electric was exclusively advised by principals of Founders Advisors, LLC in this transaction. The transaction closed on June 1, 2026.

Founded in 1970, Taylor Electric is a leading provider of construction services for electrical utility infrastructure throughout the Southeast. Headquartered in Huntsville, Alabama, the Company has established a strong reputation providing premier services for its customers, especially on Redstone Arsenal.

“We are very excited for this next chapter,” said Todd Taylor, President of Taylor Electric. “This partnership will allow us to take the business to the next level. We’re thrilled to partner with the Sole Source team, and we believe our shared vision will help us achieve our goal of becoming a premier service provider throughout the Southeast.”

“Taylor Electric is a strong, established company defined by a unique culture and an intrinsic understanding of its clients’ needs. It was a pleasure working with the management team, and we look forward to seeing Taylor Electric prosper in this new partnership with Sole Source,” said Evan Klisares, Managing Director at Founders Advisors.

Founders Advisors served as financial advisor and Bradley Arant Boult Cummings LLP acted as legal counsel to Taylor Electric. Weil, Gotshal & Manges LLP served as legal counsel to Sole Source.

About Taylor Electric, Inc.

Taylor Electric, Inc. is a client-focused provider of construction and maintenance services for electrical infrastructure serving government, utility, and industrial customers. Core service offerings include Blue Sky MSA work, Distribution Infrastructure Construction, and Storm Response and Restoration. Founded in 1970, the Company operates across the Southern US. For more information visit www.taylorelectricutility.com.

About Sole Source Capital

Founded in 2016 by David Fredston, Sole Source Capital is a private equity firm that invests thematically in industrial and business services sectors. The firm targets fragmented, high-growth markets shaped by secular trends and partners with founder-led businesses to build scaled consolidators. Leveraging operational expertise and disciplined M&A, Sole Source Capital creates market leaders that deliver lasting value. Headquartered in Dallas, the firm also maintains an office in Santa Monica. For more information visit www.solesourcecapital.com.

About Founders Advisors

Founders Advisors brings deep sector expertise in Power and Infrastructure Services, supported by broader experience across Industrial, Technology, Healthcare, and Consumer markets. We provide insight into industry trends, competitive dynamics, and positioning strategies that drive meaningful investor engagement. If you are exploring a potential sale or evaluating strategic options in the Power and Infrastructure Services sector, please feel free to reach out to our team.

To provide securities-related services, certain principals of Founders Advisors, LLC are licensed with Founders M&A Advisory, LLC, member FINRA and SiPC. Founders M&A Advisory, LLC is a wholly owned subsidiary of Founders Advisors, LLC. Neither Founders Advisors nor Founders M & A Advisory provide investment advice. For more information, please visit www.foundersib.com.