Generational Group Advises Rehagen Electrical Contracting in Sale to MidStates Energy

By Generational Group

01/21/2021

Generational Group, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of Rehagen Electrical Contracting, Inc., to MidStates Energy Co, LLC. The acquisition closed January 1, 2021 and details were not disclosed.

Located in Jefferson City, Missouri, Rehagan Electrical, founded in 1988, is an electrical contractor specializing in commercial, industrial, and institutional projects. Project types include new and remodel, plan and spec build, design-build, and negotiated work. Over the past 32 years, Rehagen Electrical has completed more than 1,500 commercial projects that have included new installations and remodels, plan and spec work, service and design-build projects.

Rehagen Electrical will continue using its name while operating under the MidStates Energy umbrella. Owner Randy Rehagen and his 20 full-time licensed electricians will remain on staff.

MidStates Energy Co. (MidStates), located in Bloomsdale, Missouri, is a team of experts in industrial electrical installations. Their associates are highly experienced with control room and generator system installations, feeders for bus ducts and risers, new construction,  terminations, substations, and more. 

MidStates also offers a range of electrical design, installation and maintenance services for the commercial market, including healthcare, data centers, HVAC control systems, lighting design, preventative and ongoing maintenance. The Company has a full team of emergency experts providing round the clock service to its clients.

“The expertise and services that Randy has developed are a major complement to everything we offer at MidStates,” says Nathan Naeger, Vice President, MidStates Energy Co. “We are proud to have Randy and his staff become members of our growing family.”

“It is a perfect fit,” says Rehagen. “We will continue to serve our existing customers while growing and leveraging all the resources that MidStates can provide.”

Generational Group Executive Managing Director of M&A – Central Region, Michael Goss, and his team, led by Managing Director Mergers & Acquisitions, Mike O’Malley, with support from Vice President of Mergers and Acquisitions, Jacob Mangalath, successfully closed the transaction.

“It was great working with Randy Rehagen. Rehagen Electrical has an excellent reputation and MidStates should thrive with what Randy has built,” said O’Malley.


About Generational

Generational Group, headquartered in Dallas, TX, is a leading, award winning full-service M&A advisory firm. Generational has over 300 professionals across 16 offices in North America. The firm empowers business owners to unlock the full value of their companies through a comprehensive suite of services—including strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.

Celebrating its 20th year, Generational has successfully closed over 1,700 transactions and has ranked #1 or #2 in all LSEG league tables for deals valued between $25 million and $500 million in 2022, 2023, and 2024.

The firm was named 2024 USA Investment Banking Firm of the Year by the Global M&A Network and recognized as Investment Banking Firm of the Year by The M&A Advisor in both 2024 and 2022.