Forman Electric

What Forman Electric does

Forman Electric Ltd. is a privately held electrical and hydronics services company founded in 2003 by Andy Forman, a Licensed Master Electrician, and headquartered at 478 Water St. S in St. Marys, Ontario. The company provides installation, maintenance, and repair services across four vertical segments: Residential, Commercial, Industrial, and Rural/Agricultural, supported by a staff of approximately 10 licensed technicians and a 24-hour emergency service capability. Its customer base exceeds 1,700 accounts, anchored by municipal and agricultural buyers such as the Town of St. Marys, Pyramid Recreation Center, Wellburn Agri-Mart, Thorndale Farm Supplies, and Patterson Grains.

Beyond core electrical work, Forman Electric operates as a multi-vendor product dealer and installer, distributing and servicing IBC and Bosch condensing boilers, Bradford White power-vent water heaters, Viega hydronic infloor heating systems, and Briggs & Stratton and Generac standby generators. The company also offers equipment rentals for temporary power and heating. Revenue is generated through professional service fees, hardware sales, installation labor, and rental income, with quote-based pricing, free estimates, and direct-to-customer engagement via phone, email, website, and SMS.

The business holds participating membership in the Electrical Safety Authority's Authorized Contractor Program, a regulatory credential that distinguishes compliant contractors in Ontario. The company is founder-owned with no institutional investors, no subsidiaries, and no disclosed M&A activity, operating as a stable local-services enterprise with no public listing or external funding history.

Name

Forman Electric

Legal name

Forman Electric Ltd.

Website

https://formanelectric.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

1–10 employees

Short description

Forman Electric Ltd. is a St. Marys, Ontario-based licensed electrical and hydronics services company founded in 2003, serving 1,700+ residential, commercial, industrial, and agricultural customers across the region with installation, maintenance, and 24-hour emergency service.

Ownership category

akta.pro rank

Product category

Electrical Contracting Services

NAICS

Plumbing, Heating, and Air-Conditioning Contractors (238220)

SIC

Electric Services (4911), Heating Equipment, Except Electric & Warm Air Furnaces (3433)

akta.pro primary industry

Emergency Generator & Transfer Switch Troubleshooting (HSAOAEAI)

akta.pro secondary industries

Hydronic/Baseboard Radiant Heating Service (HSAOACAE), Backup Power & Critical Power Systems (Generators/UPS) (IMAIABAJ)

Keywords

• Electrical contracting services
• Residential electrical wiring
• Commercial electrical installation
• Standby generator sales
• Hydronic radiant heating

Headquarters

HQ city

St. Marys

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Electrical Services: Core revenue from electrical services across Industrial, Commercial, Residential, and Rural sectors including installations, maintenance, repairs, and emergency services.
2. Product Sales - Heating Equipment: Revenue from selling, servicing, and installing boilers (IBC, Bosch), hot water heaters (Bradford White, Bosch), and infloor heating systems (Viega, Taco).
3. Generator Sales and Service: Sales and service of Briggs & Stratton standby generators and Generac dealers. Includes optional service packages for inspections and maintenance.
4. Equipment Rentals: Rental equipment services for temporary power and heating solutions.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Forman Electric sells, services, and installs electrical and hydronic heating solutions for residential, commercial, industrial, and rural customers in St. Marys, Ontario, and surrounding areas. Core offerings include electrical installation, maintenance, repair, and 24-hour emergency service, alongside sales and installation of IBC and Bosch boilers, Viega infloor heating, Bradford White water heaters, and Briggs & Stratton and Generac standby generators. The company also offers equipment rentals for temporary power and heating needs.

Product overview

Forman Electric is an electrical services company offering a portfolio of heating, cooling, and power products alongside comprehensive electrical installation and maintenance services. The core product line includes IBC and Bosch Greenstar condensing boilers, Viega radiant infloor heating systems, Bradford White power vent water heaters, and Briggs & Stratton standby generators. These products are sold, serviced, and installed by the company's team of 10 licensed electricians across residential, commercial, industrial, and rural sectors. The company also offers hydronics services for infloor heating, radiant heating, and boiler installations, providing customers with integrated energy solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Electrical Services Comprehensive electrical installation, maintenance, and repair services across four sectors: Commercial (construction, communications cabling, parking lot lighting, emergency lighting), Industrial (plant lighting, data systems, backup generators), Residential (service upgrades to 400 Amp, knob & tube replacement, hot tub/pool installations), and Rural (grain elevators, implement shed wiring, workshops). Includes 24-hour emergency service.
• IBC Boilers High-efficiency condensing boilers featuring touch screen controller with express setup, remote monitoring, BACnet connectivity, and MFZ moisture management technology. Offers up to 95% AFUE efficiency with limited lifetime residential heat exchanger warranty. Sold, serviced, and installed by Forman Electric.
• Bosch Greenstar Boilers Wall-mounted condensing boilers available in combi (space heating + tankless DHW up to 4 GPM) and space heating models. Features ultra-quiet operation, fully modulating fan with 5:1 turndown, and limited lifetime heat exchanger warranty.
• Viega Infloor Heating Hydronic radiant heating system using Viega Climate Panel technology that adds only 1/2 inch to floor height. Can increase energy savings by 30% and includes a 30-year warranty. Compatible with geothermal technology.
• Bradford White Water Heater Power vent (TTW) water heaters featuring ScreenLok flame arrestor technology, flammable vapor sensor, and Honeywell Smart Diagnostic electronic control. Offers horizontal and vertical venting with FVIR technology.
• Briggs & Stratton Standby Generators Dealer-exclusive standby generator systems with 5-year parts, labor and travel warranty. Features oil warmer for cold weather starting below 30 degrees, Symphony II Power Management for whole-house power management, and first service-entrance rated transfer switch.
• Generac Standby Generators Generac dealer offering standby generator systems including sales, installation, and service with associated warranty and maintenance programs.
• Equipment Rentals Rental equipment offerings for customers requiring temporary access to generators, heaters, or other electrical and heating equipment.

Quantifiable outcome

• Energy savings of up to 30% with radiant infloor heating
• +2 more outcomes

Named customers5 records

Segments4 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

Eight partnerships are on record, tiered core and minor.

• GeneraccoreChannel Partner/ Reseller/ DistributorGenerac dealer offering standby generator systems. Company provides sales, installation, and service of Generac backup generators with associated warranty and maintenance programs.
• Briggs & StrattoncoreChannel Partner/ Reseller/ DistributorExclusive dealer for Briggs & Stratton standby generators offering 5-year parts, labor and travel warranty. Systems include Symphony II Power Management technology.
• IBC (International Boiler Company)coreChannel Partner/ Reseller/ DistributorAuthorized dealer for IBC boilers featuring MFZ moisture management technology, 95% AFUE efficiency, and limited lifetime residential heat exchanger warranty.
• BoschcoreChannel Partner/ Reseller/ DistributorDealer for Bosch Greenstar boilers - wall mounted, ultra quiet, environmentally friendly condensing technology with superior industry warranty.
• Bradford WhitecoreChannel Partner/ Reseller/ DistributorAuthorized dealer for Bradford White power vent water heaters featuring ScreenLok technology, FVIR technology, and advanced diagnostic controls.
• ViegacoreChannel Partner/ Reseller/ DistributorInstaller of Viega radiant heating systems including Climate Panel which adds only 1/2 inch to floor height with 30-year warranty.
• Taco Comfort SolutionsminorChannel Partner/ Reseller/ DistributorBrand used for infloor heating systems alongside Viega products.
• Electrical Safety Authority (ESA)coreStrategic or Co-development PartnerParticipating member of ESA's Authorized Contractor Program recognizing contractors who consistently perform electrical wiring and installation work that reinforces public electrical safety.

Scale indicators4 records

Recent moves6 records

Expansion highlights3 records

Market position

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/forman-electric

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Forman Electric