Ace Electrical Contractors

What Ace Electrical Contractors does

Ace Electrical Contractors, Inc. is a privately held, full-service electrical contracting firm founded in 1995 and headquartered in Golden Valley, Minnesota. The company delivers electrical construction, design-build, service, and maintenance for commercial, industrial, institutional, and residential customers, operating with over 70 IBEW-unionized electricians dispatched from a fleet of 35+ service vehicles and licensed across 17 U.S. states (predominantly the Midwest, with extensions into the Southwest, Rocky Mountain, and West). Service lines span core power distribution, building automation and temperature controls, low voltage and structured cabling (CAT 6/6A, fiber backbone, paging), security and CCTV (with certified integrations on Hanwha Wave, Exacq, Axis, American Dynamics, and others), and specialty clean room electrical work with 20+ years of medical and electronic manufacturing experience.

The company is vertically organized, serving healthcare/medical, education/institutional, gaming/hospitality, industrial/manufacturing, automotive dealerships, retail/commercial, and data centers/telecommunications, with demonstrated project sizes ranging from small tenant work to multi-million-dollar ground-up builds (e.g., a 130,000 sqft casino with 2 MW generator and 4,000A service, a 250,000 sqft medical manufacturing buildout, and a 450,000 sqft outlet mall). Generator capability spans 30 kW to 8 MW for life safety, critical power, and utility load control, and a proprietary Zero Punchlist Program refined over 16 years underpins quality control, with a current EMR of 0 indicating top-tier safety performance.

Ace Electrical generates revenue through project-based construction contracts (design-build, plan and specification, design-assist) plus recurring service and maintenance revenue (24/7 emergency response, preventative maintenance, NFPA 70E arc flash analysis). Go-to-market is sales-led with a dedicated business development director, project managers, and estimators selling directly to enterprise customers. Pricing is quote-based with a 3% credit card processing fee disclosed for invoice payments; no standard pricing is published. The company is independently owned with no disclosed institutional investors, no parent company, and leadership including CEO John Graunke, President Jim Horvat, and Vice President David Bower.

Name

Ace Electrical Contractors

Legal name

ACE Electrical Contractors, Inc.

Website

https://aceelectrical.net

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

101–250 employees

Short description

Ace Electrical Contractors is a privately held, union (IBEW) full-service electrical contractor founded in 1995 in Golden Valley, Minnesota, delivering design-build, construction, service, low voltage, and specialty clean room electrical work to enterprise customers across 17 U.S. states.

Ownership category

akta.pro rank

Product category

Commercial Electrical Contracting Services

NAICS

Electrical Contractors and Other Wiring Installation Contractors (238210), Electrical Contractors and Other Wiring Installation Contractors (23821), Building Equipment Contractors (2382)

SIC

Electrical Work (1731), Construction - Special Trade Contractors (1700)

akta.pro primary industry

Electrical Contracting & Wiring (IMAFALAA)

akta.pro secondary industry

Electrical Contracting (Commercial/Industrial) (IMAIABAC)

Keywords

• Electrical contracting services
• Commercial electrical construction
• Low voltage systems
• Building automation services
• Critical power generators

Headquarters

HQ city

Golden Valley

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Electrical Construction Services: Project-based electrical construction services for commercial, industrial, institutional, and residential applications. Revenue generated through direct project contracts including design-build, plan and specification, and design-assist delivery methods.
2. Electrical Service and Maintenance: Ongoing electrical service and maintenance including repairs, routine maintenance, preventative maintenance programs, NFPA 70E short circuit/arc flash analysis, and emergency power system services.
3. Design-Build Services: Complete design-build electrical services from planning through construction completion, including professional estimators, designers, project managers, and technicians.
4. Low Voltage and Technology Systems: Structured cabling, security systems, CCTV, paging/sound masking, and fiber optic services for new installations and upgrades.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Ace Electrical Contractors provides full-service electrical construction, service, and maintenance for commercial, industrial, institutional, and residential customers across 17 U.S. states. Core offerings include design-build electrical delivery, low voltage and security systems, building automation, and critical power/generator installations (30 kW to 8 MW), with 24/7 emergency service and specialty clean room electrical work.

Product overview

Ace Electrical Contractors operates as a full-service electrical contracting firm offering a comprehensive portfolio of services organized around core electrical construction capabilities. The company provides Electrical Contracting (commercial, industrial, institutional, residential), Building Automation systems, Critical Power & Generators (30kW-8MW), Design Build project delivery, Low Voltage Technology Services (structured cabling, fiber optics, paging), and Security Services (CCTV with Hanwha/Exacq VMS platforms). The product suite is unified under electrical services that span from planning through construction completion, with specialty offerings including clean room certified work for medical/electronics manufacturing and 24/7 emergency service maintenance. The company maintains certifications in BICSI and RCDD standards and operates over 35 service vehicles serving multiple states.

Differentiator

Problem solved

Functional benefit

Products and services

• Electrical Contracting Full-service electrical contracting for commercial, industrial, institutional, and residential customers, covering construction, service, and maintenance delivered through design-build, plan-and-spec, and design-assist methods.
• Building Automation Design, installation, and integration of building automation and temperature control systems, including building management systems (BMS) for commercial and institutional facilities such as sports venues and offices.
• Critical Power & Generators Generator design, installation, and service for critical power applications from 30 kW to 8 MW, supporting life safety, utility load control, telecom, data center, medical, retail, and industrial customers.
• Design Build Services Turnkey design-build electrical project delivery spanning planning, design, estimating, and construction for new and renovation projects, including full electrical service, LED lighting, power systems, fire alarm, generators, and low voltage installations.
• Low Voltage Technology Services Design-build and installation of low voltage systems including structured cabling (CAT 6, CAT 6A), fiber backbone, paging/sound masking (IP/Analog), fiber optic splicing and testing (SM, OM3, OM4, OM5) for new and upgrade telecommunications infrastructure.
• Security Services Design, installation, and integration of CCTV surveillance, access control, and physical security systems using certified platforms including Hanwha Wave and Exacq VMS, with American Dynamics, Illustra, Axis, and Hanwha cameras.
• Electrical Service & Maintenance 24/7 emergency electrical service, scheduled and preventative maintenance, infrared scanning, system upgrades, lighting retrofits, medium voltage work, crane/boom/bucket truck services, and NFPA 70E short circuit/arc flash analysis delivered through a 35+ vehicle service fleet.
• Data Center Services Electrical and structured cabling infrastructure for data centers and telecom facilities, including OM4 fiber and Category 6A cabling, hot/cold aisle configuration, cabinet installation, cable tray, and ladder racking.
• Clean Room Electrical Services Clean room certified electrical installation and maintenance for medical and electronic manufacturing facilities, with over 20 years of specialized clean room experience.
• Industry-Specific Electrical Solutions Specialized electrical services tailored to Automotive, Educational & Institutional, Industrial & Manufacturing, Medical, Retail & Commercial, and Gaming & Hospitality customers, including showrooms, service bays, EV charging, campus systems, clean rooms, gaming floors, and retail buildouts.

Quantifiable outcome

• EMR (Experience Modification Rate) of 0 indicating superior safety performance
• +2 more outcomes

Named customers17 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core and supporting.

• IBEW (International Brotherhood of Electrical Workers)coreOthersUnion membership providing access to highly trained, licensed electricians. All electricians employed at ACE are members of IBEW, ensuring skilled workforce with standardized training and certifications.
• NECA (National Electrical Contractors Association)coreOthersTrade association membership providing industry resources, training programs, safety standards, and networking opportunities. ACE participates in NECA training and safety programs.
• IBEW/NECA Training CentersupportingOthersContinuous training programs for office and field staff through the IBEW/NECA training center, keeping employees current on latest developments with OSHA, NECA, and other organizations.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Cupertino Electric: Employee-owned commercial/industrial electrical contractor with strong data center and critical power practices. Comparable to ACE on enterprise customer mix, design-build delivery, and emphasis on mission-critical installations.
• Helix Electric: Privately held electrical contractor focused on commercial, healthcare, education, and mission-critical projects nationwide. Directly comparable on service portfolio, multi-state operations, and design-build delivery model.
• Rosendin Electric: One of the largest employee-owned electrical contractors in the U.S., performing commercial, industrial, data center, and renewable work. Highly comparable to ACE on IBEW labor model, multi-state service footprint, and data center/generator capabilities.
• Power Design: Large private electrical contractor specializing in multifamily and commercial build-to-rent construction with national reach. Comparable to ACE in commercial electrical scope, though more concentrated in multifamily vertical.
• Faith Technologies: Privately held, large electrical and specialty systems contractor with design-build, prefabrication, and building automation services across commercial, industrial, and healthcare. Closely matches ACE's vertical mix, IBEW-style labor approach, and Midwest/U.S. footprint.
• E-J Electric Installation Co. Large unionized (IBEW) electrical contractor serving commercial, industrial, and infrastructure customers. Comparable to ACE on labor model, project scale, and design-build capabilities, though primarily Northeast-focused.

Broad incumbents

• IES Holdings: Public electrical and communications contractor with commercial, industrial, and data center practices across multiple U.S. regions. Overlaps ACE's service lines at greater scale and provides a public-market valuation reference for the segment.
• MYR Group: Public specialty contractor in electrical construction (T&D and commercial/industrial). Relevant overlap with ACE on commercial/industrial electrical scope, while also operating in transmission and distribution.
• EMCOR Group: Fortune 500 electrical and mechanical construction services provider with national coverage across commercial, industrial, healthcare, and data center end markets. A scaled incumbent competing for the same enterprise RFPs ACE pursues.

Regional players

• Hunt Electric: Midwest-anchored electrical contractor (Minnesota-headquartered) serving commercial, industrial, and healthcare customers. Strongest geographic overlap with ACE and directly comparable on union labor model and regional project mix.

Market position

Weaknesses4 records

Competitive moat5 records

Key risks1 record

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles25 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 Ace Electrical Contractors