Elgin Area Chamber Of Commerce: MKD Electric – Expands Capabilities Through Acquisition Of Powercor Services

Press release from the Elgin Area Chamber of Commerce:

July 12, 2021

MKD Electric, along with their partners Hastings Equity Group, are excited to announce the acquisition of Powercor Services. Powercor, a power design and control systems integrator, enables MKD Electric to expand their capability offering to clients across the nation, and allow them to continue to solidify their reputation as a leading national electrical service provider.

Headquartered in the Washington D.C. metro area, the acquisition also expands MKD Electric’s reach in the Mid-Atlantic as well as other states across the U.S. With the addition, MKD Electric adds a group of highly skilled employees, including licensed and certified engineering and electrical testing specialists strategically positioned to provide necessary services across the nation.

“This acquisition was important for MKD Electric as we continue to remain a true, one-stop-shop for all our clients and potential clients’ electrical service needs. Adding Powercor to the fold only increases that position, giving us increased specialization in data center and electrical testing, while improving MKD’s ability to further serve our clients,” said Michael Wesa, President of MKD Electric. “As a leading national service provider, we are laser-focused on providing best-in-class services for our customers nationwide, especially in areas we see our competitors are lacking. Powercor enables us to do that while strengthening the core of our business in the short and long term.”

With the acquisition complete, existing and potential clients of MKD Electric can now receive additional services including industry-leading MEP and data center engineering.

Ken Preston, President and Earl Ambler, Executive Vice President, co-founders of Powercor, see the acquisition as a natural fit. “When we started Powercor, just more than a year ago, we felt to reach our full potential and expand our services, we needed a partner that shared our values. In working with MKD, we see their vision for growth and their excellence across projects as something we wanted to be a part of and are truly excited about,” added Preston.

For more information about the merger, please visit MKDElectric.com or contact:

Justin Kenny
Director of Marketing
jkenny@mkdelectric.com
847-608-8244 – x322

This press release was produced by the Elgin Area Chamber of Commerce. The views expressed here are the author’s own.