What Borrell Electric does

Borrell Electric Co., Inc. is a privately held electrical contracting firm headquartered in Tampa, Florida, founded in 1947 and operating as a licensed unlimited general contractor and electrical contractor in Florida (license EC13003362). The company specializes in commercial and industrial electrical construction, with a particular technical focus on medium voltage systems ranging from 600V to 15,600V. It self-performs the majority of its electrical scope, employing 20 or more NFPA 70E-certified medium voltage technicians, maintaining an in-house BIM/VDC department for pre-construction coordination, and operating a 24/7 service department. The firm is employee-owned following a 2004 buyout by James Smith and Carlos Menendez, and runs an in-house apprenticeship program (BECO Apprentices) that has produced ABC Craft Championship winners in 2023.

Name

Borrell Electric

Legal name

Borrell Electric Co, Inc.

Website

https://borrellelectric.com

Company type

Private

Founded year

1947

Operating status

Operating

Headcount range

51–100 employees

Short description

Borrell Electric Co., Inc. is a privately held Tampa, Florida-based electrical contractor founded in 1947, specializing in commercial and industrial medium voltage systems (600V to 15,600V) for healthcare, aviation, education, mission critical, and industrial clients across Florida.

Ownership category

akta.pro rank

Product category

Commercial Electrical Contracting Services

NAICS

Electrical Contractors and Other Wiring Installation Contractors (23821)

SIC

Electrical Work (1731), Heavy Construction Other Than Bldg Const - Contractors (1600)

akta.pro primary industry

Substation EPC & construction (AIS/GIS, greenfield/brownfield) (EUADAKAC)

akta.pro secondary industries

Distribution Substations & Switching Stations (MV) EPC (EUAEACAC), Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM)

Keywords

• Commercial electrical contracting
• Medium voltage systems
• Electrical infrastructure installation
• BIM virtual design construction
• Mission critical electrical

Headquarters

HQ city

Tampa

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Electrical Contracting Services: Project-based electrical contracting services for commercial, industrial, healthcare, education, aviation, and institutional facilities. Revenue is earned through competitive bids on construction projects ranging from $1M to $15M+ electrical contract values. Projects include new construction, expansions, renovations, and infrastructure upgrades.
2. General Contracting Services: Licensed as an unlimited general contractor, Borrell performs general contracting services on projects where electrical represents the majority of scope. This includes prime contracting under Integrated Project Delivery Method.
3. 24/7 Service Department: Commercial electrical service department specializing in commercial, light industrial, and AHCA compliant facilities. Services include preventative maintenance, emergency repairs, infrared heat testing, and daily on-site support.
4. Pre-Construction Consulting: Pre-construction phase services including real-time cost estimates, cost savings identification, constructability analysis, and design input to maintain project budgets.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Borrell Electric is a full-service commercial and industrial electrical contracting company that self-performs electrical infrastructure installation, medium voltage systems (600V to 15,600V), pre-construction consulting, collaborative design and construction, BIM/VDC building modeling, and power quality metering and testing. The company also operates a 24/7 commercial electrical service department and holds an unlimited general contractor license enabling prime contracting under Integrated Project Delivery Method.

Product overview

Borrell Electric is a commercial and industrial electrical contracting company offering a comprehensive suite of electrical services rather than a software product. The company operates as a single integrated service organization with distinct service offerings including Pre-Construction, Collaborative Design + Construction, BIM/VDC Building Modeling, Medium Voltage work, Power Quality Metering & Testing, and 24/7 Service Department. The company specializes in complex electrical infrastructure projects across healthcare, education, aviation, mission critical systems, industrial, and central energy sectors throughout the Tampa Bay area. Their service portfolio is delivered through a project management structure where managers oversee work from inception to completion, utilizing BIM/VDC technology for building coordination and virtual design modeling.

Differentiator

Problem solved

Functional benefit

Products and services

• Electrical Contracting Services
• Pre-Construction Services
• Collaborative Design and Construction
• BIM/VDC Building Modeling and Virtual Design

Quantifiable outcome

• Reduced Tampa General Hospital project budget by $800,000+ through design assist expertise
• +4 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core.

• Skanska USA BuildingcoreStrategic or Co-development PartnerPrimary general contractor partner on major healthcare projects including Tampa General Hospital Expansion ($120M total project, $13M electrical scope) and Moffitt Cancer Center expansions. Skanska is one of the largest construction companies in the region.
• Affiliated Engineers SE, Inc.coreTechnology or IntegrationEngineering partner for USF Center for Advanced Medical Learning project - a specialized 90,000 SF medical teaching facility requiring complex electrical infrastructure.
• Hunton Brady Architects, P.A.coreStrategic or Co-development PartnerArchitectural partner for Advent Health Wesley Chapel project - 200,000 SF hospital with integrated project delivery approach.
• Stanley, Beaman & SearscoreStrategic or Co-development PartnerArchitectural firm for Nemours Children's Hospital - 550,000 SF, $397M pediatric health campus project.
• ABC (Associated Builders and Contractors)coreStrategic or Co-development PartnerIndustry trade association through which Borrell operates its BECO Apprentices program. Apprentices have won top honors at ABC Craft Championships, qualifying for national competitions.

Scale indicators4 records

Recent moves6 records

Expansion highlights8 records

Broad incumbents

• IES Holdings: Publicly traded national provider of electrical and mechanical infrastructure services. Commercial electrical segment directly overlaps with Borrell's core service offering across healthcare, data center, and industrial customers.
• Rosendin: One of the largest US commercial electrical contractors, with national reach across mission-critical, healthcare, and renewable infrastructure. Overlaps directly with Borrell on medium voltage and design-assist but operates at significantly larger scale.
• Faith Technologies: National electrical and specialty systems contractor serving commercial, industrial, and mission-critical markets. Comparable service portfolio including medium voltage, prefabrication, and design-assist delivery, with broader geographic reach.
• M.C. Dean: Virginia-based specialty contractor focused on complex electrical, electronic, and mission-critical systems for data centers, government, and healthcare. Overlaps with Borrell on medium voltage and 24/7 service work, particularly in mission-critical facilities.

Direct peers

• Hypower: Fort Lauderdale-based commercial and industrial electrical contractor operating across Florida and the Southeast. Comparable service mix including medium voltage and design-assist delivery for healthcare, aviation, and institutional clients.
• Miller Electric Company: Jacksonville, FL-based commercial electrical contractor with a long history across the Southeast. Closely comparable customer verticals (healthcare, education, industrial) and similar self-perform medium voltage capability.
• Encore Electric: Colorado-based commercial and industrial electrical contractor with comparable self-perform model and strong focus on healthcare, higher education, and mission-critical facilities. Similar size profile and design-assist delivery approach.
• Lee Company: Tennessee-based commercial mechanical and electrical contractor with comparable mid-market regional profile. Similar service breadth across commercial, healthcare, and industrial customers and a similar design-build delivery approach.
• Helix Electric: San Diego-based national commercial electrical contractor with strong healthcare, education, and mission-critical portfolios. Similar pre-construction/design-assist capabilities and medium voltage expertise.
• Power Design: St. Petersburg, FL-headquartered national commercial and multifamily electrical contractor. Direct geographic and product overlap with Borrell, with larger scale and similar exposure to Florida healthcare, education, and mission-critical projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/borrellelectric
• Instagraminstagram.com/borrellelectric
• Xx.com/BorrellElectric

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Borrell Electric