Paradise Electric Inc., headquartered in Santee, is one of Southern California’s largest residential electrical contractors. Founded more than 20 years ago, Paradise has grown into a true powerhouse firm, working with major homebuilders like Shea Homes, KB Homes, and Lennar. The Company was recently listed as one of San Diego’s 50 Fastest Growing Companies. Its founder came to us with the desire to find a corporate acquirer that could help him achieve two goals: To take some of his “chips off the table;” and, to aggressively grow the Company into expanding new markets. It took us fifteen months from our first meeting to find the right buyer: SKM Growth Investors, a private equity firm with offices in Dallas and Los Angeles. SKM had acquired Schilling Corporation of El Cajon the previous year. We presented Paradise to them as a perfect compliment to Schilling’s underground utilities work, and they agreed. Today Paradise and Schilling are combined in Building Services Trade Corporation, and the new company continues to seek growth opportunities.
Paradise Electric Inc.
