Viking Mergers Announces the Sale of Major Contractors, Local Electrical Contracting Firm

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Aug 09, 2016, 08:40 ET

CHARLOTTE, N.C., Aug. 9, 2016 /PRNewswire/ -- Local dry utility underground contracting firm, Major Contractors, has officially been sold to a new owner through Viking Mergers & Acquisitions, a middle market M&A firm based out of Charlotte, NC. Major Contractors specializes in duct banks, conduit construction and site lighting installation. Founded in 2001, Major Contractors has grown into one of the most respected and well-known electrical contractors in Charlotte due to former owners, Lisa and David Jackson.

After owning Major Contractors for 7 years, Lisa and David Jackson made the decision to pursue new endeavors and sell their business. Lisa and David knew they didn't want to try and sell the business on their own so they enlisted the help of Peter T. Keretsis, a partner at Viking Mergers & Acquisitions. "Lisa and David had a great business," says Peter T. Keretsis, "With strong sales and revenues in a booming marketplace, I knew we'd have no problem selling Major Contractors. We just needed to find the right buyer for this niche business."

After just a few months on the market, that buyer came forward with an offer to purchase. The buyer, Dave Gable, comes from Corporate America and was anxious to try his hand at entrepreneurship. "Dave is a great match for our business and we are excited to see what he will accomplish in the future," says Lisa Jackson, former owner of Major Contractors. Dave Gable plans to grow the business and further develop a presence in Charlotte and other Southeastern markets.

About Viking Mergers & Acquisitions
Founded in 1996 by Brad and Jay Offerdahl, Viking Mergers & Acquisitions was established with the vision of providing customized exit strategies and M&A mitigation to middle market business owners. Since their inception, Viking Mergers & Acquisitions has sold over 500 businesses across the Southeast. Their intermediaries have over 100 years of collective experience in business transactions and nearly 75% have owned a business of their own. Viking proudly boasts a closing rate that is 3x the national average and businesses that sell for 95+% of their asking price.

To learn more about Viking Mergers & Acquisitions, please contact their office today at (704) 676-0940, or visit www.vikingmergers.com to see active business listings or request a valuation for your business.

Media Contact:

Gabrielle Ullrich
704-676-0940
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SOURCE Viking Mergers & Acquisitions