IES Holdings Acquires 80% of Edmonson Electric

IES Holdings, Inc. acquired an 80% ownership interest in Edmonson Electric, LLC, a Florida-based provider of residential electrical, low voltage, and HVAC installation services. The remaining 20% is retained by Edmonson's President and Vice President. Edmonson will become part of IES's Residential segment.

“IES Holdings, Inc. (“IES”) (NASDAQ: IESC) announced today that it has acquired an 80% ownership interest in Edmonson Electric, LLC (“Edmonson”), a Land O’ Lakes, FL-based provider of residential electric, low voltage, and heating, ventilation and air conditioning (HVAC) installation services.”

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