What Ludvik Electric does

Ludvik Electric Co. is a privately held, national electrical contractor founded in 1980 and headquartered in Lakewood, Colorado, with regional offices in Phoenix, Arizona and Salt Lake City, Utah. The company delivers electrical construction services for large, complex projects across seven primary verticals: commercial real estate, airports and aviation, data centers and mission-critical facilities, industrial, medical and healthcare, education, and hospitality and sports venues. Notable completed projects include the Colorado Convention Center expansion, The Lakehouse on 17th high-rise, the EchoStar Data Center, Flatiron Crossing Mall, the Pepsi Center Arena, and the University Center of Arts.

The company operates through five integrated service lines: Electrical Preconstruction (including Building Information Modeling), Design Build & Design Assist, Construction, Baggage Handling Systems, and Service/Special Projects. Delivery is performed by an in-house team of engineers and constructors, with BIM-driven preconstruction enabling integrated design-build workflows. Revenue is generated almost entirely through project-based, quote-and-negotiate contracts with no disclosed recurring component; pricing is not publicly disclosed. The go-to-market model is direct enterprise sales targeting project owners, general contractors, and construction managers on complex commercial and infrastructure builds.

The customer base is composed exclusively of enterprise and institutional clients across both public and private sectors, with no SMB or retail exposure. Distribution is direct, with no channel partners or e-commerce component. As of October 2025, the company closed a $60 million financing round, the first material external capital event disclosed in its 45-year history, and is believed to be founder/management-owned based on the absence of prior investment or acquisition signals. The company has 251-500 employees and no disclosed subsidiaries, acquisitions, executive team, or AI/technology platform.

Name

Ludvik Electric

Legal name

Ludvik Electric Co.

Website

https://ludvik.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

251–500 employees

Short description

Ludvik Electric Co. is a national electrical contractor founded in 1980, delivering preconstruction, design-build, construction, baggage handling, and specialty electrical services for large, complex enterprise projects across commercial, aviation, data center, industrial, medical, education, and hospitality sectors in the U.S. and abroad.

Ownership category

akta.pro rank

Product category

Electrical Construction Services

NAICS

Electrical Contractors and Other Wiring Installation Contractors (238210), Electrical Contractors and Other Wiring Installation Contractors (23821), Engineering Services (541330)

SIC

Electrical Work (1731), Services-Engineering Services (8711)

akta.pro primary industry

Electrical Contracting & Wiring (IMAFALAA)

akta.pro secondary industry

Electrical Contracting (Commercial/Industrial) (IMAIABAC)

Keywords

• Electrical construction services
• Commercial electrical contracting
• Design build electrical
• Airport electrical systems
• Data center electrical

Headquarters

HQ city

Lakewood

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Electrical Construction Services: Project-based electrical construction services for large, complex installations including commercial buildings, airports, data centers, industrial facilities, medical, education, and hospitality projects. Revenue generated through project contracts with no recurring revenue component.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Ludvik Electric is a national electrical contractor delivering end-to-end electrical construction services for large, complex projects. Its offering spans Electrical Preconstruction with BIM, Design Build & Design Assist, full-scale Electrical Construction, specialized Airport Baggage Handling Systems, and ongoing Service/Special Projects for commercial, aviation, data center, industrial, medical, education, and hospitality clients across the U.S. and abroad.

Product overview

Ludvik Electric Co. is a national electrical contractor founded in 1980, offering a portfolio of integrated electrical construction services. The company operates five core service lines: Electrical Preconstruction (including BIM), Design Build & Design Assist, Construction, Baggage Handling Systems, and Service/Special Projects. These services are delivered through an in-house team of expert engineers and constructors, supporting projects throughout the U.S. and abroad with a focus on large, complex installations for commercial, airport, data center, industrial, medical, education, and hospitality sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Electrical Preconstruction & BIM Preconstruction planning and Building Information Modeling services for large-scale electrical projects, provided to general contractors, owners, and construction managers preparing complex commercial, aviation, data center, and institutional builds.
• Design Build & Design Assist Integrated design-build and design-assist electrical services that combine engineering and construction delivery for clients building large, complex facilities.
• Electrical Construction Electrical construction services for large, complex projects including high-rise, commercial, retail, convention, and industrial installations, delivered by an in-house team of expert engineers and constructors.
• Baggage Handling Systems Specialized electrical installation services for airport baggage handling systems, serving airport authorities and aviation construction projects requiring high-reliability infrastructure.
• Service/Special Projects Ongoing service, maintenance, and special-project electrical capabilities for unique installations and post-construction support across commercial, hospitality, and institutional facilities.

Named customers6 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Regional players

• Parsons Electric: Midwest-based electrical contractor with similar vertical mix including commercial, healthcare, data center, and industrial. Comparable in scale and service breadth, though concentrated in the Upper Midwest rather than the Mountain West.

Broad incumbents

• Faith Technologies: National electrical and specialty systems contractor with deep design-build/preconstruction capabilities similar to Ludvik's in-house BIM and engineering model. Operates at significantly larger scale across commercial, data center, and industrial verticals.
• MYR Group: Public specialty contractor focused on electrical construction for transmission, distribution, and commercial/industrial markets. While more weighted to T&D than Ludvik, the commercial and industrial overlap makes it a relevant public-market comparable.
• EMCOR Group: Large public facilities and electrical services provider serving commercial, industrial, utility, and institutional clients nationally. Overlaps with Ludvik in commercial electrical construction, though EMCOR's portfolio is far broader and includes mechanical and building services.
• Rosendin Electric: One of the largest employee-owned electrical contractors in the U.S., serving commercial, data center, industrial, and renewable markets. Directly comparable to Ludvik's complex-installation focus, but with much broader geographic reach and capacity.
• IES Holdings: Public holding company with multiple electrical contracting divisions serving commercial, industrial, data center, and infrastructure customers. Comparable business mix; useful as a public-market valuation reference for a privately held peer like Ludvik.
• Quanta Services: Largest specialty infrastructure contractor in North America, with significant exposure to electrical construction for utilities, renewables, and large infrastructure projects. Relevant as an upper-bound benchmark on scale and end-market reach for a complex electrical contractor like Ludvik.

Direct peers

• M.C. Dean: Specialty electrical and electronic systems contractor heavily focused on mission-critical data centers, government, and complex commercial projects. Highly relevant peer given Ludvik's data center credentials via the EchoStar project.
• Cache Valley Electric: Privately held regional electrical contractor headquartered in the Mountain West (Utah) with national reach on complex commercial and transportation projects. Among the closest regional comparables to Ludvik given geographic overlap and similar project mix.
• Helix Electric: Privately held national electrical contractor focused on large, complex commercial, healthcare, education, and mission-critical projects. Closely comparable to Ludvik in scope, target customer profile, and project complexity mix.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ludvik-electric-co-

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

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 Ludvik Electric