Parsons Electric
Parsons Electric is a privately held electrical contractor founded in 1979 and based in Lexington, US, providing commercial, industrial, and institutional electrical services with a staff of 51–100 employees.
- Company typePrivate
- Founded1979
- HeadquartersLexington, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Parsons Electric does
Parsons Electric is a privately held electrical contractor and engineering company headquartered in Lexington, United States, founded in 1979. According to the available firmographic data, the company delivers commercial, industrial, and institutional electrical services. With a reported headcount of 51–100 employees, Parsons Electric operates as a mid-sized regional trade contractor rather than a national platform; the scope of its work spans design, installation, and likely maintenance-related electrical services across multiple end-market verticals, though the source material does not specify project types, contract structures, or service-line depth.
The input sources did not yield substantive detail on the company's underlying technology stack, proprietary tooling, or platform architecture — the firmographic and technology-related fields returned empty arrays, and the company's website was accessible only as a loading/verification placeholder during data collection. Consequently, it cannot be determined whether Parsons Electric operates with proprietary estimating or project-management software, BIM/CAD capabilities, prefabrication facilities, or a particular mix of self-performed versus subcontracted labor.
On the business model, the company operates as a for-profit private firm whose revenue mechanics are typical of electrical contracting: project-based or service-contract billing against commercial, industrial, and institutional clients. No pricing model, customer segment breakdown, channel strategy, or named customer logos were available in the source material, so the precise revenue mix, customer concentration, and geographic footprint beyond Lexington cannot be assessed from the data provided.
Parsons Electric firmographics
Firmographics- Name
- Parsons Electric
- Website
- https://parsonselectric.com
- Company type
- Private
- Founded year
- 1979
- Headcount range
- 51–100 employees
- Short description
- Parsons Electric is a privately held electrical contractor founded in 1979 and based in Lexington, US, providing commercial, industrial, and institutional electrical services with a staff of 51–100 employees.
- Ownership category
- akta.pro rank
Parsons Electric industry classification
Industry- Product category
- Electrical Contracting Services
- NAICS
- Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Underground Utility Duct Banks, Conduit & Vault Construction (IMAFAHAG)
- akta.pro secondary industries
- Generator Installation & Transfer Switches (Standby/Portable Interlock) (HSAOADAF), Underground transmission & distribution cable EPC (civil + cable install) (EUADAKAB)
Keywords
Where Parsons Electric is headquartered
LocationHeadquarters
- HQ city
- Lexington
- HQ country
- United States
- HQ region
- North America
Markets served
Parsons Electric business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales
Parsons Electric product offering
Product offeringCore offering
Parsons Electric is an electrical contractor and engineering firm that provides commercial, industrial, and institutional electrical services. The company designs, installs, and maintains electrical systems for facility owners and operators in the United States, operating from Lexington, KY, with a workforce of 51–100 employees.
Differentiator
Problem solved
Functional benefit
Products and services
- Commercial electrical services Electrical contracting services delivered to commercial facility owners and operators, encompassing electrical system installation and related work for commercial buildings.
- Industrial electrical services Electrical contracting services delivered to industrial facility owners and operators, encompassing electrical system installation and related work for industrial sites.
- Institutional electrical services Electrical contracting services delivered to institutional facility owners and operators (e.g., public-sector, educational, healthcare, or similar institutional buildings).
Companies that use Parsons Electric
Customer profileIdeal customer profiles1 record
Parsons Electric technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Parsons Electric competitors and assessment
Company assessmentDirect peers
- Sargent Electric Company: Mid-sized electrical contractor serving commercial, industrial, and utility clients with engineering and construction services. Comparable scale and service mix.
- Helix Electric: Commercial and industrial electrical contractor with engineering and design-build services, similar customer verticals, and comparable mid-to-large project focus. Direct overlap in service offerings and target market.
- Guarantee Electrical Company: Regional electrical contractor offering commercial, industrial, and institutional services with design-build and engineering capability. Comparable mid-sized peer with similar vertical mix.
- MMR Group: Electrical and instrumentation contractor serving industrial and institutional clients, with strong engineering capabilities. Closely comparable combination of contracting and engineering services.
- ERMCO Inc. Mid-sized electrical and systems contractor serving commercial, industrial, and institutional clients in the Midwest. Comparable size, regional footprint, and service mix.
Regional players
- Cincinnati Electrical Solutions: Regional commercial/industrial electrical contractor in the Ohio-Kentucky-Indiana corridor, geographically adjacent to Lexington. Comparable regional scope and customer verticals.
Broad incumbents
- Rosendin Electric: Large national electrical contractor with strong commercial, data center, and institutional focus. Comparable in offering but operates at significantly greater scale and geographic footprint.
- Faith Technologies: Large national electrical contractor serving commercial, industrial, and institutional markets with design-build capability. Comparable in service mix to Parsons but operates at much greater scale across multiple geographies.
- IES Holdings: Public electrical and infrastructure services holding company with commercial, industrial, and institutional exposure. Comparable service breadth but operates nationally as a public company.
- Power Design Inc. Large multi-state electrical contractor focused on commercial and multifamily construction. Comparable in commercial electrical contracting but at much larger scale.
Market position
Strengths3 records
Weaknesses3 records
Competitive moat2 records
Key risks4 records
Key highlights4 records
Customer concentration
Parsons Electric social profiles
Digital presenceParsons Electric financial estimates
Financial estimateRevenue estimate
Valuation estimate
Parsons Electric leadership team
Management profileNumber of profiles
Parsons Electric funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Parsons Electric M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Parsons Electric
What does Parsons Electric do?
Parsons Electric is an electrical contractor and engineering firm that provides commercial, industrial, and institutional electrical services. The company designs, installs, and maintains electrical systems for facility owners and operators in the United States, operating from Lexington, KY, with a workforce of 51–100 employees.
When was Parsons Electric founded?
Parsons Electric was founded in 1979. It employs 51 to 100 people.
Where is Parsons Electric based?
Parsons Electric is headquartered in Lexington, United States, in the North America region.
Who are Parsons Electric's main competitors?
Direct peers on record are Sargent Electric Company, Helix Electric, Guarantee Electrical Company, MMR Group and ERMCO Inc.. Cincinnati Electrical Solutions is listed as a regional player. Broad incumbents are Rosendin Electric, Faith Technologies, IES Holdings and Power Design Inc..
Does Parsons Electric have an API?
No public API is recorded for Parsons Electric.
What industry is Parsons Electric in?
Parsons Electric's product category is Electrical Contracting Services. Its primary akta.pro industry code is IMAFAHAG, Underground Utility Duct Banks, Conduit & Vault Construction, with a secondary code of HSAOADAF, Generator Installation & Transfer Switches (Standby/Portable Interlock). Its NAICS code is 2211 and its SIC code is 4911.