Spatco Energy Solutions continues to boost its ability to serve the electric vehicle (EV) market.
The infrastructure services provider, which also delivers solutions for petroleum fueling, recently completed the acquisition of Stanton Electric, a commercial and industrial electrical contractor located in Oakwood, Georgia.
The transaction follows Spatco’s addition of Florida-based K&K Electric in November 2023.
Stanton, founded in 2012, specializes in EV charging station installation, in addition to generators and switchgear, Direct Digital Controls (DDC), and network cabling. They are a preferred contractor of the Georgia Power Make Ready Electric Transportation Program, a program that assists in EV infrastructure funding, providing charging options, and makes EV adoption easier for drivers and businesses across the state.
“Stanton Electric has been an integral part of establishing sustainable EV infrastructure in the state of Georgia and it is an absolute pleasure to welcome Jerry and his team to the Spatco family,” John Force, Spatco president and CEO, said in a news release. “This addition further confirms Spatco’s investment in providing electrical vehicle infrastructure throughout our geographical footprint.”
Adding Stanton and K&K within “mere weeks” strengthens Spatco’s EV segment presence in the Southeast, the company said, and pushes its employee count over the 1,000 mark, with services in 16 states and more than 30 offices. Spatco has distributed, installed, and maintained petroleum fueling equipment for over 88 years, in addition to providing environmental services, and now serving the EV segment.
“We are pleased to join an organization that aligns with our core values in service and quality,” said Jerry Stanton, Stanton co-founder who will join Spatco’s executive leadership team and continue to direct electrical contracting operations in Georgia. “As a member of the Spatco family, our collective resources will be advantageous in our efforts to continue building sustainable EV infrastructure and providing more opportunities for EV adoption for retail, commercial, and fleet customers.”
K&K Electric acquisition
K&K, based in Sanford, Florida, provides a range of electrical services and equipment to petroleum, EV, commercial, and industrial customers across the Southeast, with a concentration in Florida, where the company operates four locations. With over 70 electricians on staff, K&K has focused on the design, maintenance, and installation of electrical systems for over 40 years.
“K&K Electric has collaborated with Spatco for many years and we are elated to welcome them to the Spatco family,” Force said. “We can now provide a more seamless client experience bringing a greater value to our petroleum customers and better support the adoption of electrical vehicle infrastructure throughout our geographical footprint.”
Chris Ferrara, K&K president, joined the Spatco executive leadership team as part of the deal. He will continue to oversee electrical operations in Florida.
Spatco is backed by Kian Capital.
“Joining the Spatco team and combining these two organizations will greatly benefit the employees and customers we serve,” Ferrara said. “Together we will be able to expand the quality of our service offerings and accelerate our combined growth.
“We are fortunate to find a partner that shares our values and commitment to providing our industry with the highest quality of service.”