Core Insights - White Mountains Partners has acquired a majority interest in Enterprise Electric, LLC, a leading provider of specialty electrical contracting services, founded in 2003 and headquartered in Nashville, Tennessee [1][2] - Enterprise Solutions specializes in designing, engineering, prefabricating, and installing electrical infrastructure for various commercial and institutional markets, including healthcare, manufacturing, education, and data centers [1][3] - The acquisition is seen as a strategic move for White Mountains Partners to extend its long-term, value-oriented approach into attractive sectors beyond insurance [2][4] Company Overview - Enterprise Solutions is characterized as an electrical engineering and construction merit shop, providing a comprehensive range of services from electrical design and construction to fabrication and sustainability [3] - The company has built a strong reputation for innovative solutions and efficient execution of technically complex projects [2] Strategic Intent - The partnership aims to accelerate Enterprise Solutions' growth strategy by entering new geographies, expanding into adjacent markets, and executing bolt-on acquisitions [2] - White Mountains Partners is focused on providing institutional capital to family, founder, and entrepreneur-owned businesses in essential services, light industrial, and specialty consumer sectors [4]
WHITE MOUNTAINS PARTNERS ANNOUNCES ACQUISITION OF ENTERPRISE SOLUTIONS