June 30, 2023 | Philadelphia, PA
Mufson Howe Hunter & Co. is pleased to announce the acquisition of Kuharchik Construction Inc. and Wyoming Electric & Signal, Inc. (together, “Kuharchik”) by Midwestern Electric, LLC, a CAI Capital Partners GP, Inc portfolio company.
Founded in 1973 and based in Exeter, PA, Kuharchik is a premier electrical contractor specializing in critical infrastructure traffic control systems. Kuharchik is one of Pennsylvania’s largest service providers to PennDOT and municipalities for installation and preventative maintenance of essential traffic control systems as well as emergency response services for traffic control outages.
Midwestern Electric, based in East Chicago, IN, specializes in construction, maintenance, and installation of traffic signals, streetlights, and intelligent transportation systems for government customers.
Mufson Howe Hunter served as the exclusive financial advisor to Kuharchik for the transaction.
Mufson Howe Hunter, an investment banking firm established in 2003, focuses on merger and acquisition transactions as well as the placement of growth capital for middle-market companies. Mufson Howe Hunter’s senior investment bankers each has over two decades of transactional experience across business services, consumer, industrials, and technology services sectors. Mufson Howe Hunter advises both public and private companies, with a particular focus on family-held and privately-owned businesses.