Carey Electric

What Carey Electric does

Carey Electric Company is a privately held, family-owned electrical contracting firm headquartered in Vandalia, Ohio, founded in 1918 and under continuous family ownership since 1963. The company delivers design/build, installation, and maintenance electrical services to commercial, industrial, and institutional clients, employing approximately 100 people including field electricians, 15 foremen, 4 project managers/estimators, a service manager, a CAD technician, and administrative staff. Its primary operating radius covers Western Ohio within 150 miles of Dayton, with project presence across ten additional states.

The company's technical capabilities span high voltage electrical systems up to 69KV, in-house CAD-based design/build, data and communication systems, fire alarm installation, networked lighting systems, power distribution, machine and equipment wiring, underground utilities with directional boring and hydrovac excavation, thermal imaging inspection, and instrumentation. A separate service department runs 24/7 emergency response on a time-and-materials basis. Marquee credentials include the $14M Ohio State Football Stadium electrical contract, an $8.5M Wright-Patterson Air Force Base Sensors Lab, and multi-store retail rollouts for Meijer across 57 stores.

Carey Electric generates revenue through two streams: large-scale project-based contracts (design/build, high voltage, fire alarm, power distribution) for commercial and industrial customers, and time-and-materials service work through its emergency response department. Annual sales volume averages approximately $12 million. The company sells primarily through direct field sales and project-based relationships with enterprise customers across healthcare, education, manufacturing, retail, government, and utility end markets, supplemented by Google Ads, Meta remarketing, and an organic website presence. No external equity backing, M&A activity, or public listing is present.

Name

Carey Electric

Legal name

Carey Electric Company

Website

https://careyelectric.com

Company type

Private

Founded year

1918

Operating status

Operating

Headcount range

51–100 employees

Short description

Carey Electric is a family-owned electrical contracting firm founded in 1918 and based in Vandalia, Ohio, serving commercial, industrial, and institutional clients with design/build services, high voltage systems up to 69KV, CAD design, thermal imaging, and 24/7 emergency response.

Ownership category

akta.pro rank

Product category

Electrical Contracting Services

NAICS

Switchgear and Switchboard Apparatus Manufacturing (335313), Power, Distribution, and Specialty Transformer Manufacturing (335311), Electrical Equipment Manufacturing (3353)

SIC

Electrical Industrial Apparatus (3620), Switchgear & Switchboard Apparatus (3613)

akta.pro industry

PRIMARYIMAFALAA

Electrical Contracting & Wiring

Industrials, Manufacturing & Construction/Construction & Civil Engineering/Specialty Trade Contractors (MEP, HVAC, Plumbing, Electrical)

SECONDARYEUAEAAAM

Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls)

Energy, Utilities & Environment/Energy Infrastructure & Services (EPC, O&M, Field Services)/Power Generation EPC & Construction

Keywords

• Electrical contracting services
• Commercial electrical installations
• Industrial electrical contracting
• High voltage electrical systems
• Electrical design build

Headquarters

HQ city

Vandalia

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Contract Electrical Work: Primary revenue from large-scale contract electrical projects for commercial and industrial clients. Annual sales volume averages around $12 million. Projects include design/build, high voltage systems, fire alarms, power distribution, and more.
2. Service Department (Time and Materials): Service department handles smaller time and material jobs for many companies throughout the work area. Available for emergencies 24 hours a day.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Carey Electric is a merit-based electrical contracting company that designs, installs, and maintains electrical systems for commercial, industrial, and institutional clients. Core offerings include design/build projects with in-house CAD, high voltage systems up to 69KV, fire alarm systems, lighting systems, power distribution, data and communication systems, machine and equipment wiring, underground utilities, thermal imaging inspections, and a 24/7 emergency service department.

Product overview

Carey Electric is a merit-based electrical contracting company offering a unified portfolio of electrical services rather than a software platform. The core offerings consist of Design/Build Projects with CAD Design, High Voltage Systems (up to 69KV), Data and Communication Systems, Fire Alarm Systems, Lighting Systems, Power Distribution, Machine and Equipment Wiring, Underground Utilities, Directional Boring & Hydrovac Excavation, Thermal Imaging, and Instrumentation services. The company also provides a 24-Hour Emergency Service Department for 24/7 emergency assistance. These services are delivered through field electricians and a service department, supporting projects of all sizes for commercial, industrial, and institutional clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Design/Build Projects with CAD Design Complete design and build electrical contracting services using in-house CAD design software, enabling projects to be designed and optimized before site work begins. Targets commercial, industrial, and institutional clients seeking turnkey electrical solutions.
• High Voltage Systems (up to 69KV) Installation and maintenance of high voltage electrical systems up to 69KV, serving retail, government, industrial, and military facility clients requiring qualified high voltage expertise.
• Data and Communication Systems Design and installation of data and communication infrastructure systems for large-scale operations to maintain continuous connectivity.
• Fire Alarm Systems Custom fire alarm system installation services tailored to each client's safety requirements across various industries.
• Lighting Systems Design and installation of complex, networked lighting systems optimized for output and cost-efficiency in large commercial and industrial facilities.
• Power Distribution Installation and repair services for precise control of electricity flow throughout industrial and commercial facilities.
• Machine and Equipment Wiring Industrial wiring services that create organized electrical systems for manufacturing and industrial equipment, distributing power and information to necessary components in a clean installation.
• Underground Utilities Installation and repair of underground infrastructure comprising pipes and cables serving communities and operations with industry-recognized efficiency.
• Directional Boring & Hydrovac Excavation Underground utility installation method with minimal surface impact, allowing clients to maintain normal operational capacity during installation work.
• Thermal Imaging Inspection Predictive maintenance service using thermal imaging cameras to detect electrical issues invisible to the naked eye before they become costly problems or failures.
• Instrumentation Specialization in instruments for indicating, measuring, and recording physical quantities for accurate business operations in industrial environments.
• 24-Hour Emergency Service Department Round-the-clock emergency electrical assistance available 24 hours a day, 7 days a week, providing same-day response to any electrical emergency for commercial, industrial, and institutional clients.

Quantifiable outcome

• Reduced downtime through 24/7 emergency service availability
• +2 more outcomes

Named customers13 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• MMR Group: Electrical and instrumentation contractor for industrial, chemical, petrochemical, and power customers. Comparable to Carey Electric on industrial electrical contracting and instrumentation work, although geographic footprint skews more toward the Gulf Coast petrochemical corridor.
• Rosendin Electric: Employee-owned electrical contractor delivering design-build for commercial, industrial, data center, and renewable customers nationwide. Comparable scope (electrical contracting, design-build, data/comm, renewable tie-ins) and similar reliance on safety record and prequalification to win large projects.
• Faith Technologies: Privately held electrical and specialty systems contractor delivering design-build electrical construction for commercial, industrial, healthcare, and mission-critical customers. Closest direct peer to Carey Electric in terms of service mix (electrical contracting, design/build, high voltage, data/comm), region overlap (Midwest), and end-customer profile.
• Helix Electric: Privately held national electrical contractor serving commercial, industrial, healthcare, and institutional end-markets. Direct overlap with Carey Electric's primary service lines (design/build electrical, fire alarm, data/comm, power distribution) and similar project-based business model.
• Gibson Electric & Technology Solutions: Electrical and technology systems contractor focused on commercial, industrial, and mission-critical customers including healthcare and higher education. Direct overlap with Carey Electric's institutional and high-voltage segments, including data center, healthcare, and university customers.

Broad incumbents

• EMCOR Group: Fortune 500 mechanical and electrical construction services provider serving commercial, industrial, utility, and institutional customers across the U.S. Overlaps with Carey Electric on the electrical contracting core but at significantly larger scale and broader service portfolio.
• MYR Group: Public specialty contractor focused on electrical construction (T&D, commercial, industrial). Carey Electric's high-voltage (up to 69KV) and utility work for Dayton Power & Light has direct overlap with MYR Group's transmission & distribution and commercial/industrial electrical construction segments.
• IES Holdings: Public national provider of electrical and mechanical contracting, including commercial, industrial, and data center work. Comparable to Carey Electric in core electrical contracting scope, but operates at much larger scale and broader geographic reach.

Regional players

• Bonebrake Electric: Regional commercial/industrial electrical contractor based in the Midwest. Direct overlap with Carey Electric's electrical contracting scope and Midwest regional service area; competes on similar project size and end-customers.

Emerging players

• Pioneer Electric / Pioneer Power Group: Mid-size electrical contractor serving commercial and industrial customers in the Midwest with project, service, and design-build offerings. Comparable to Carey Electric on service mix and similar revenue/employee scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 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 Carey Electric