The Business

ProWest Electric started in 1993 with $600 charged to a credit card and zero customers. Three decades later it is a fixture of Denver Metro commercial electrical work, built around a deliberate niche: tenant build-outs and improvement projects for general contractors and property managers, chosen job by job for margin instead of chasing the open bid market. The strategy worked through every cycle, including 2008. The company has never had a losing year, and its services span lighting remodels, power upgrades, manufacturing installations, and full electrical system redesigns.

For more than 30 years, the owner was the company's only licensed master electrician, as well as its bookkeeper, HR department, and payroll clerk. At 68 and healthy, he wanted to retire on his own terms and travel, and he was selling from strength rather than necessity. He stayed available to consult through the handoff so the company's license, relationships, and crew moved to the new owner without a wobble.

Transaction Timeline

1Connected on RejiggDec 2024
2LOI ExecutedJan 2025
3Deal ClosedMay 2025

How the Deal Happened

ProWest Electric connected with buyers on Rejigg in December 2024 and attracted interest from 14 vetted buyers. The owner signed an LOI with Enclave Equity and an individual investor in January 2025, and the deal closed in May 2025. The brand, employees, and day-to-day operations all stayed intact through the transition, and the seller paid no brokerage fees.

Deal Highlights

Quick & Competitive Process

Attracted interest from 14 vetted Rejigg buyers.

Experienced Buyer, Proven Track Record

Buyer had acquisition history and a record of scaling B2B businesses.

Full Exit, Legacy Protected

Brand retained, employees retained, business uninterrupted.

Fee-Free Exit

Seller paid no brokerage fees.

The Buyer

Enclave Equity and an individual investor acquired ProWest to expand their presence in growing regional markets and invest in the company's highly skilled workforce. The investor brought an established acquisition history and a record of scaling B2B businesses. The new ownership will build on ProWest's long-standing legacy of quality, reliability, and customer service while providing additional resources for continued growth.

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