Green Mountain Electric Expands in Upstate NY with Acquisition

Green Mountain Electric Supply, Colchester, VT, bought Falcone Electric, Batavia, NY according to a report in Vermont Business magazine. Falcone was founded in 1945.

Bill Shipman, senior advisor for Generational Equity, the Dallas-based M&A advisory firm that represented Falcone Electric and its client, Vanderhoof Electric Supply (which did business as Falcone), said in a company press release, “The acquisition was a natural fit for Green Mountain Electric Supply, as they continue to expand their presence throughout the region. Additionally, they gain an experienced and knowledgeable management team that will continue to lead Green Mountain Electric Supply’s growth strategy going forward.”