Benjamin Ross Group announced Wednesday it brokered the acquisition of its client Mt Salem Electric in Hunterdon County to a private investor.
Benjamin Ross Group performed a valuation of the company, engaged as a business broker to sell the business, identified a qualified candidate to purchase the business, and secured Small Business Administration financing for the transaction, according to the firm.
Mt Salem Electric is an electrical contracting company servicing commercial, industrial and high-end residential customers. Established over 38 years ago, Mt Salem Electric services customers in New Jersey, Pennsylvania and New York. The company provides custom home wiring, service upgrades, telecommunications, data wiring, security wiring, landscape lighting, interior lighting, exterior lighting, lightening and surge protection, and generator systems.
Benjamin Ross Group has a New Jersey office in Princeton.
