Rossi Electric Sold!
Rossi was acquired by REC Acquisition, LLC, an affiliate of E-J Electrical Installation Company, the oldest independent electrical contractor in the country, established in 1899. E-J was ranked #14 in EC&M’s 2020 top 20 electrical contractors. It is headquartered in Long Island City, New York.
The sale closed on May 14, 2021 and the price was undisclosed.
The company will continue to operate out of their Cranston, RI location where they employ 100+ employees as future growth is expected.
Rossi serves Rhode Island, Massachusetts and Connecticut working for large corporations, universities, hotels, casinos, hospitals, airports, energy/power, science/technology and government projects.
The Seller was represented by Kevin A. Nery, CBB, LCBI, M&AMI.
Coastal M & A
700 Pleasant Street, Suite 330D
New Bedford, MA 02740