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WestView Capital Partners Sells a Majority Stake of Prime Electric to Truelink Capital

January 8th, 2026

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Boston, Massachusetts — January 8, 2026 — WestView Capital Partners, a Boston-based growth equity firm, has sold a majority stake of Prime Electric (“Prime” or the “Company”), a premier provider of electrical contracting services across the West Coast, to Truelink Capital. Terms of the transaction were not disclosed.

Founded in 1987 and headquartered in Seattle, Washington, Prime Electric is one of the largest independent electrical contractors in the United States. Prime serves clients across the data center, technology, commercial, healthcare, and industrial sectors, delivering a full suite of electrical and low-voltage services, from preconstruction and design-build to project execution and ongoing maintenance. The Company operates out of multiple offices in Washington, Oregon, and California, supporting complex projects for a wide variety of general contractors and end customers, including some of the world’s largest companies.

WestView partnered with Prime in July 2021. During WestView’s investment period, Prime expanded its geographic footprint, diversified its project portfolio, and significantly scaled its organization, reinforcing Prime’s reputation for excellence, safety, and innovation.

“When we decided to seek a growth-oriented equity partner, we looked for a firm that could help us expand our regional presence and service capabilities, while supporting our customer-first culture,” said Bob Ledford, CEO of Prime Electric. “WestView exceeded our expectations as a partner, investing in our people, systems, and platform, which enabled the Company to more than double in size. We are excited to welcome Truelink Capital for our next chapter and are thrilled with WestView’s continued involvement,” Ledford added.

“Prime Electric exemplifies all the qualities WestView seeks: an outstanding management team, deep industry expertise, and strong growth trajectory,” said Carlo von Schroeter, Managing Partner at WestView. “Bob and his team consistently grew Prime’s market footprint and operational sophistication, even navigating COVID-related disruptions with resilience. We are proud of Prime’s accomplishments and are glad to have found a firm like Truelink to join us for Prime’s next stage of growth,” said von Schroeter.

Brett Rocheleau, Principal at WestView, added, “Prime Electric demonstrates how WestView helps founder- and management-owned companies unlock new levels of growth, both organically and via strategic initiatives. We are grateful for the partnership and excited to see Prime continue its journey.”

Prime and WestView were represented by Lazard Frères & Co. LLC as lead banker, BMO as co-advisor, and Latham & Watkins LLP as legal counsel.  

About WestView Capital Partners:

WestView Capital Partners, a Boston-based growth equity firm, is focused on middle-market growth companies and manages $2.7 billion in capital across five funds. WestView partners with existing management teams to sponsor minority and majority recapitalizations, growth capital, and consolidation transactions in several sectors, including: software, business services, IT services, healthcare technology and outsourcing, and growth industrial. WestView targets investments of $20 to $100 million in companies with revenue of at least $10 million and operating profits between $3 and $25 million. For more information, please visit www.wvcapital.com.

About Prime Electric:

Prime Electric, founded in 1987 and headquartered in Bellevue, Washington, is a leading provider of electrical system repair, installation, and maintenance services. The company has established a strong presence across Northern California, Washington, and Oregon, serving a diverse range of private sector clients in high-growth markets such as healthcare, biopharma, data centers, and renewables. Learn more at: www.primee.com.