SPATCO Energy Solutions, an infrastructure services and petroleum fueling, environmental and electric-vehicle (EV) market solutions provider, has completed the acquisition of Stanton Electric, a commercial and industrial electrical contracting provider.
Founded in 2012 by Jerry and Tony Stanton, Oakwood, Georgia-based Stanton Electric specializes in EV car charging station installations in addition to generators and switchgear, direct digital controls (DDC) and network cabling.
Stanton is a preferred contractor of the Georgia Power Make Ready Electric Transportation Program, a program that assists in EV infrastructure funding, providing charging options and makes EV adoption easier for drivers and businesses across the state. Stanton Electric is also heavily involved with the Community EV Charger Program, a focused effort to expand the growth and availability of EV fast charging stations and infrastructure across Georgia.
“Stanton Electric has been an integral part of establishing sustainable EV infrastructure in the state of Georgia, and it is an absolute pleasure to welcome Jerry and his team to the SPATCO family,” said John Force, president and CEO of Charlotte, North Carolina-based SPATCO. “This addition further confirms SPATCO’s investment in providing electrical vehicle infrastructure throughout our geographical footprint.”
This marks the second electrical-focused acquisition within weeks for SPATCO further solidifying its EV segment presence in the Southeast.
"We are pleased to join an organization that aligns with our core values in service and quality,” said Jerry Stanton, president of Stanton Electric. “As a member of the SPATCO family, our collective resources will be advantageous in our efforts to continue building sustainable EV infrastructure and providing more opportunities for EV adoption for retail, commercial and fleet customers.”
Jerry Stanton, founder of Stanton Electric, will continue to direct electrical contracting operations in the state of Georgia as well as join the executive leadership team at SPATCO.
This addition of Stanton Electric pushes SPATCO over the 1,000-employee threshold, with services in 16 states and more than 30 office locations.
This investment reflects SPATCO's strategic development and progression in consultation, planning, construction, installation and 24/7 support in fueling solutions. Kian Capital is SPATCO's lead investor along with co-investors RF Investment Partners, Apogem Capital and New Canaan Funding.
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