What Prime Electric does

Prime Electric, founded in 1987 and headquartered in Bellevue, Washington, is a privately held commercial electrical construction and services contractor operating across the Western United States (Washington, Oregon, Northern California) and, since April 2026, the Northeast (New Jersey and Pennsylvania) following the acquisition of Scholes Electric & Communications. The company serves enterprise customers in healthcare, biopharma, data centers, renewable energy, technology, education, and commercial real estate — with named logos spanning Whole Foods, Costco, Merck, Novartis, Oracle, LinkedIn, Intuit, Airbnb, Fred Hutchinson Cancer Research Center, Holland America, NHL Seattle (Seattle Kraken), and Vulcan. Its portfolio of service lines covers Electrical Construction (Design/Build delivery integrating BIM/VCS via REVIT, Navisworks, and Bluebeam Studio plus LEAN-managed prefabrication), Service and 24/7 Emergency Response with SLA-based maintenance, Underground/utility/traffic work, low-voltage Technologies, Renewable Energy EPC (Solar PV and Battery Energy Storage Systems), EV Charger turnkey installation, Mission Critical / Data Center electrical infrastructure, and NFPA 70B switchgear and preventative-maintenance services. Prime also wholly owns the Stoner Electric Group (Oregon/Washington; joined February 2024) and Scholes Electric & Communications (New Jersey/Pennsylvania; acquired April 2026), operating 10 office locations across its geographic footprint.

The business model is predominantly project-based commercial electrical contracting won via competitive bidding and design/build contracts with general contractors, developers, and direct enterprise clients (revenue stream characterized as 'one-time license'-style fixed-price engagements), complemented by a recurring-revenue layer from Service Level Agreements (SLAs) for preventative maintenance and usage-based revenue from 24/7 emergency service calls. Go-to-market is enterprise field sales targeting large complex projects through direct client relationships and repeat business, with reported client retention exceeding 90%. Prime operates with IBEW union labor, is a NECA member, and carries IBEW Local affiliations as a workforce-development channel. Proprietary operational differentiators include a custom REVIT content library that auto-generates prefabrication Bill of Materials and Robotic Total Station layouts, integrated BIM coordination on every project, and LEAN practices (pull planning, just-in-time delivery, 5S, A3, 1-Minute quick change). As of January 2026, the company is PE-backed: Truelink Capital made a 'significant investment' (terms undisclosed) as its 11th platform investment since 2022, partnering with existing management led by CEO Bob Ledford and Chairman Eric Reichanadter alongside WestView Capital, with the explicit strategic mandate to scale Prime into a leading national electrical services provider via organic expansion and additional acquisitions. The firm employs 1,500 people and has been recognized on Engineering News-Record's Top 600 Specialty Contractors list (2017–2018) and multiple consecutive regional workplace rankings.

Name

Prime Electric

Legal name

Prime Electric

Website

https://primee.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Prime Electric is a privately held, PE-backed commercial electrical construction and services contractor serving enterprise customers across healthcare, biopharma, data centers, renewables, technology, and real estate, operating with 1,500 employees across the Western U.S. and Northeast following recent acquisitions.

Ownership category

akta.pro rank

Headquarters

HQ city

Bellevue

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Electrical Construction Services: Project-based electrical construction services for commercial buildings including design, installation, and maintenance of electrical systems. Revenue is generated through competitive bidding on projects and direct contracts with general contractors and property owners.
2. Service and Maintenance Contracts: 24/7 electrical service operations providing day-to-day service needs, preventative maintenance, and emergency assistance. Service Level Agreements (SLAs) for ongoing maintenance of installed electrical systems.
3. 24/7 Emergency Service: Emergency electrical service calls available around the clock for immediate response to electrical issues.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Prime Electric is a commercial electrical contractor that designs, installs, and maintains electrical and low-voltage systems for enterprise buildings and infrastructure. Its core work spans new construction electrical buildouts, tenant improvements, 24/7 service and preventative maintenance, underground/utility work, structured cabling and technology systems, solar PV and battery energy storage, EV charging, and mission critical/data center electrical infrastructure.

Product overview

Prime Electric is an electrical construction and services company that operates as a unified portfolio of specialty service offerings rather than a traditional product-platform architecture. The core service is Electrical Construction, supported by Service (maintenance/emergency), Underground (utility/traffic), Technologies (low-voltage systems), Renewable Energy (solar/BESS), EV Chargers, Mission Critical/Data Centers, and NFPA 70B (switchgear maintenance). The company employs a Design/Build delivery model integrated with Virtual Construction Services (VCS/BIM) and prefabrication capabilities to deliver projects across healthcare, biotech, data centers, commercial, industrial, and renewable energy end markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Electrical Construction Design, installation, and maintenance of commercial electrical systems for projects ranging from small service calls to major electrical installations. Includes the Design/Build delivery model, Virtual Construction Services (VCS), BIM, prefabrication, and constructability reviews. Targeted at commercial general contractors, property developers, and enterprise owners across healthcare, biopharma, data centers, technology, and commercial real estate.
• Service Electrical service department providing day-to-day service needs, preventative maintenance, and 24/7 emergency assistance. Includes Service Level Agreements (SLAs) for ongoing maintenance of installed electrical systems. Targeted at commercial and institutional clients needing reliable ongoing support.
• Underground Underground, traffic, and utility services including trenching, duct banks, traffic signalization, utilities, street lighting, parking lot lighting, long-haul fiber optics, OSP and aerial installation, and fiber optic systems termination, testing, and certification. Targeted at municipalities, utilities, and commercial developments.
• Technologies Full suite of technology and limited-energy system services including design/build engineering, structured cabling, lighting control, fire alarm, security systems, access control, DAS, emergency responder systems, wireless systems, A/V, broadband, paging, and BMS/power monitoring systems. Targeted at commercial, healthcare, education, and technology clients.
• Renewable Energy Engineering Procurement and Construction (EPC) services for Solar Photovoltaic (PV) and Battery Energy Storage Systems (BESS), including design, installation, utility interconnection, commissioning, and lifecycle analysis. Targeted at commercial property owners, developers, and sustainability-focused enterprises.
• EV Chargers Turnkey Electric Vehicle Supply Equipment (EVSE) installation and service for Level 2 and Level 3 charging systems, covering preconstruction site evaluation, installation, and post-construction 24/7 emergency response and maintenance. Serves public, private, and fleet charging markets.
• Mission Critical / Data Centers Installation and maintenance of high-performing data center and mission critical electrical and technology infrastructure. Includes design/build power solutions, prefabrication, risk assessments, strategic upgrades, and preventative maintenance following NFPA 70B and ANSI/NETA guidelines. Targeted at data center operators, colocation tenants, and other mission critical facilities.
• NFPA 70B Complete switchgear and power system support including system studies, thermal imaging, acceptance testing, and preventative maintenance services for maximizing safety, efficiency, and reliability of power infrastructure. Delivered in accordance with NFPA 70B and ANSI/NETA guidelines for commercial and mission critical clients.

Quantifiable outcome

• Over 90% of past clients continue to invite PRIME to join their construction projects
• +3 more outcomes

Named customers20 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Scholes Electric & CommunicationscoreStrategic or Co-development Partner · 1 April 2026Prime Electric acquired Scholes Electric & Communications, a New Jersey-based electrical contractor founded in 1954. This is Prime Electric's first acquisition since partnering with Truelink Capital. The deal expands Prime's geographic footprint from the West Coast into New Jersey and Pennsylvania, serving high-growth sectors including healthcare, biopharma, data centers, and renewables. Scholes CEO Edward Welsh continues leading the company under Prime's ownership.
• Stoner Electric GroupcoreStrategic or Co-development Partner · 1 February 2024Stoner Electric Group, headquartered in Portland, Oregon with satellite offices in Prineville, OR and Vancouver, WA, joined Prime Electric in February 2024, expanding Prime's footprint across the West Coast. Stoner operates as a PRIME partner company, providing electrical services across Oregon and Washington markets.
• NECA (National Electrical Contractors Association)minorStrategic or Co-development PartnerPrime Electric is a member of NECA, the National Electrical Contractors Association, which provides industry advocacy, training, and networking for electrical contractors.
• IBEW (International Brotherhood of Electrical Workers)minorStrategic or Co-development PartnerPrime Electric operates with IBEW union labor, a key partnership for workforce development and training in the electrical trade.
• Fred Hutchinson Cancer Research CenterminorOthersPrime Electric partners with Fred Hutch through Obliteride, a fundraising event supporting cancer research. PRIME has participated for 10 years supporting the organization's mission.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• SASCO (Schultz & Associates / SASCO Smart Energy): West Coast-focused electrical contractor with strong data center, healthcare, and commercial portfolio in Silicon Valley and Pacific Northwest — directly overlapping Prime's core California and Oregon operations.
• Rosendin Electric: One of the largest employee-owned electrical contractors in the US, with deep presence in data centers, renewable energy, healthcare, and commercial across the West Coast. Closest direct peer to Prime given similar vertical mix, BIM/prefab capabilities, and West Coast footprint.
• Cupertino Electric: San Jose-based electrical contractor focused on data centers, semiconductor, healthcare, and renewable energy — overlapping Prime's Silicon Valley operations and mission-critical vertical exactly.
• Faith Technologies: Large national electrical contractor specializing in design-build, prefab, and mission-critical/data center work. Directly comparable to Prime in vertical focus and use of BIM/prefabrication; the leading US specialty contractor using prefab at scale.
• Helix Electric: West Coast-headquartered electrical contractor with strong data center, biotech, and commercial portfolio. Highly comparable to Prime given shared California presence and focus on complex, high-tech projects.
• Bergelectric: Employee-owned national electrical contractor with strong healthcare, data center, and commercial portfolios. Comparable size to Prime and similar BIM/design-build operating model.
• IES Holdings: Publicly traded electrical and communications services provider with commercial, industrial, and data center exposure. Comparable scale and end-market mix, useful as a public-market reference for Prime's margin and growth profile.

Broad incumbents

• EMCOR Group: Largest publicly traded US mechanical and electrical construction services provider with national footprint across commercial, industrial, healthcare, and data center end markets. Broad incumbent serving many of the same enterprise clients as Prime at greater scale.
• MYR Group: Publicly traded specialty contractor in electrical construction for T&D, commercial, and industrial markets. Adjacent overlap with Prime in commercial/industrial work, particularly renewable energy EPC.
• Quanta Services: Largest publicly traded specialty contractor focused on utility-scale electric power, renewables, and grid infrastructure. While more transmission/distribution-leaning, Quanta increasingly addresses the data center and renewable EPC segments where Prime competes.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Prime Electric