Richardson Electrical Co., Inc.

Name

Richardson Electrical Co., Inc.

Legal name

Richardson Electrical Co., Inc.

Website

https://richardsonelectrical.us

Company type

Private

Founded year

1899

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Electrical Construction Services

NAICS

Electrical Contractors and Other Wiring Installation Contractors (23821), Power and Communication Line and Related Structures Construction (237130), Architectural, Engineering, and Related Services (5413), Engineering Services (54133)

SIC

Electrical Work (1731), Services-Engineering Services (8711), Electric Services (4911)

akta.pro primary industry

Electrical Contracting & Wiring (IMAFALAA)

akta.pro secondary industries

Electrical Contracting (Commercial/Industrial) (IMAIABAC), Transmission Line/Stringing & Live-Line Construction Services (EUAEABAJ), Overhead Distribution Line Construction (MV/LV) (EUAEACAA), Environmental & Permitting Compliance During Construction (Erosion Control, Wildlife Mitigation, Monitoring) (EUAMAFAM)

Keywords

• Electrical construction services
• Design-build electrical contracting
• Industrial electrical installation
• Water wastewater infrastructure
• Renewable energy systems

Headquarters

HQ city

Seabrook

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Electrical Construction Services: Project-based revenue from electrical construction services including design-build, commercial construction, industrial construction, and specialty projects. Revenue generated through competitive bidding, negotiated contracts, and repeat customers over decades.
2. Testing, Maintenance, and Service: Ongoing maintenance and service contracts providing 24/7 support, emergency response, annual system evaluations, and budget repair cost plans. Includes arc flash evaluations and energy audits.
3. Renewable Energy Systems: Engineering, construction, and maintenance of solar, wind, cogeneration, and other renewable energy systems. Also includes energy reduction services through lighting upgrades, power factor correction, and VFD installations.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Richardson Electrical is a full-service electrical construction firm offering design, Design+Build, construction, and 24/7 maintenance services for commercial, industrial, government, and institutional clients across New England and New York. Its integrated engineering and field construction teams deliver projects from inception through completion in areas including power distribution, lighting, fire alarm, telecommunications, SCADA, instrumentation, controls, renewable energy, and water/wastewater treatment infrastructure.

Product overview

Richardson Electrical Company is a full-service electrical construction firm offering a unified portfolio of construction, design, and Design+Build services. The company provides eight core service offerings: Commercial Construction, Design+Build, Industrial Construction, Renewable Energy, Specialty Projects, Telecommunication/Instrumentation/SCADA/Controls, Testing/Maintenance/Service, and Water & Wastewater Infrastructure and Treatment Systems. These services work together to support customers from project inception through construction and ongoing maintenance, with the company's engineering and construction teams able to function as project leaders coordinating all required disciplines or as team members within a larger project structure.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Achieved LEED Silver certification for Portsmouth Naval Shipyard Building 174 project (160,000+ sq ft renovation)
• +4 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• Penta CorporationcoreStrategic or Co-development PartnerConstruction partnership spanning over 30 years. Penta Corporation specializes in wastewater and water treatment plant construction. Richardson Electrical serves as electrical subcontractor on these specialized projects, with long-standing cooperative and competent working relationships.
• ECC (Energy and Electric Corporation)coreStrategic or Co-development PartnerECC has worked with Richardson Electrical on multiple Design+Build projects, including a 7.5MVA substation for wind turbine project at Otis AFB. Richardson was selected for best price and strong understanding, with performance exceeding price expectations on multiple subsequent projects.

Scale indicators4 records

Recent moves4 records

Expansion highlights5 records

Broad incumbents

• EMCOR Group, Inc. Largest publicly-traded U.S. mechanical and electrical construction services provider. Overlaps with Richardson across commercial, industrial, government, and energy projects but operates nationally with a much broader portfolio.
• Quanta Services, Inc. Largest publicly-traded U.S. infrastructure construction firm focused on electric power, oil & gas, telecom, and renewable T&D. Comparable in transmission, distribution, and renewable energy EPC, but operates at vastly larger scale.

Direct peers

• Cupertino Electric, Inc. Large private U.S. electrical contractor specializing in commercial, semiconductor/data center, solar, and substation projects. Comparable in Design+Build and renewable EPC capabilities.
• IES Holdings, Inc. Public national electrical and mechanical contractor providing commercial, industrial, and infrastructure electrical services including Design+Build. Comparable in core offering to Richardson but at significantly larger scale and geographic footprint.
• MYR Group Inc. Public specialty electrical construction services provider focused on transmission, distribution, substation, and commercial/industrial work. Directly comparable in T&D and substation EPC capabilities where Richardson has demonstrated execution.
• Faith Technologies Incorporated: Large private electrical contractor offering Design+Build, prefabrication, and specialty systems for commercial, industrial, and renewable customers. Closely comparable in service mix and customer type to Richardson, though at greater scale.
• Rosendin Electric, Inc. Employee-owned U.S. electrical contractor with strong presence in commercial, mission-critical, renewable, and substation work. Comparable in Design+Build integration and customer segments to Richardson's commercial and renewable practice.
• Helix Electric, Inc. Private national electrical contractor with strong commercial, industrial, and renewable energy practice. Directly comparable in scope of services, including Design+Build and solar EPC.

Regional players

• Wayne J. Griffin Electric, Inc. Regional electrical contractor headquartered in Holliston, MA serving New England and the Eastern U.S. Closest direct regional peer to Richardson in geography, service mix, and customer base (commercial, industrial, institutional).
• E-J Electric Installation Co. Family-owned regional electrical contractor (NY/NJ) with strong commercial, industrial, utility, and government practice. Closely comparable to Richardson in family ownership, regional focus, and service mix.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/richardsonelectrical

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Richardson Electrical Co., Inc.