Acquisition History / Kingsway Corporation (Kingsway Search Xcelerator) / Roundhouse Electric & Equipment Co., Inc.
Kingsway Corporation (Kingsway Search Xcelerator) Acquires Roundhouse Electric & Equipment Co., Inc.
Announced July 2025 — $23.5M
What happened
Kingsway acquired 100% of Roundhouse Electric & Equipment, an Odessa, Texas provider of industrial-scale electric motor maintenance, repair, testing and sales to midstream natural gas pipeline operators and utilities in the Permian Basin. It was the eighth acquisition under Kingsway's searcher-led CEO Accelerator program.
- Target
- Roundhouse Electric & Equipment Co., Inc.
- Announced
- July 2025
- Price
- $23.5M
- Industry
- Industrial electric motor repair services
- Buyer type
- Search fund
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Kingsway Corporation (Kingsway Search Xcelerator) acquire Roundhouse Electric & Equipment Co., Inc.?
Kingsway Corporation (Kingsway Search Xcelerator) acquired Roundhouse Electric & Equipment Co., Inc. on July 2025. This was Kingsway Corporation (Kingsway Search Xcelerator)'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Kingsway Corporation (Kingsway Search Xcelerator) pay for Roundhouse Electric & Equipment Co., Inc.?
Kingsway Corporation (Kingsway Search Xcelerator) paid $23.5M for Roundhouse Electric & Equipment Co., Inc..
What does Roundhouse Electric & Equipment Co., Inc. do?
Kingsway acquired 100% of Roundhouse Electric & Equipment, an Odessa, Texas provider of industrial-scale electric motor maintenance, repair, testing and sales to midstream natural gas pipeline operators and utilities in the Permian Basin. It was the eighth acquisition under Kingsway's searcher-led CEO Accelerator program.
What other Industrial electric motor repair services companies has Kingsway Corporation (Kingsway Search Xcelerator) acquired?
Roundhouse Electric & Equipment Co., Inc. is Kingsway Corporation (Kingsway Search Xcelerator)'s only publicly tracked acquisition in Industrial electric motor repair services so far.