Commonwealth Electrical Technologies (CET) Acquires NuWave Energy Solutions

CET specializes in providing energy efficiency, EV charging, solar and electrical construction services to commercial, industrial and institutional facilities, while NuWave provides full-service design/build energy-efficiency services nationwide.

Oct. 7, 2025

2 min read

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Commonwealth Electrical Technologies (CET), Worcester, MA, an electrical contractor and energy-solutions company acquired NuWave Energy Solutions, a full-service design/build energy-efficiency company based in Norwell, MA. This strategic move marks the first transaction for CET under Broad Sky Partners’ ownership, a majority investor since February 2025. CET specializes in providing energy efficiency, EV charging, solar and electrical construction services to commercial, industrial and institutional facilities. It was founded in 2008 and has approximately 140 employees.

NuWave Energy Solutions, founded in 2019 by Ryan Blair, serves the sustainability and energy-efficiency needs of customers in the commercial, industrial and institutional markets across the United States. Its team brings more than 30 years of experience in sustainability and energy conservation, helping customers reduce energy usage through cost-effective energy conservation, electrification, and renewable energy projects.

“We are excited to join Commonwealth Electrical Technologies and continue our mission together on a larger scale,” said Blair, CEO and president of NuWave Energy Solutions in the press release. “Our shared values and expertise will enable us to provide even greater impact for our customers.”

“This acquisition marks an important step in CET’s growth journey, reinforcing our vision for sustainable growth and significantly increasing our service offering,” said John Duquette, CEO of Commonwealth Electrical Technologies, in the press release. “Ryan and his team are highly respected in the industry, and together we will deliver even more comprehensive energy solutions to our clients.”

Terms of the transaction were not disclosed. Greenberg Traurig LLP served as legal advisor to CET on the transaction. FMI Capital Advisors acted as the exclusive sell-side advisor and Baker, Braverman and Barbadoro was the legal advisor to NuWave Energy Solutions. In February 2025, Broad Sky Partners partnered with CET as the firm’s majority investor.