News

April 1, 2025 | 02:15:47pm

NORLEE INVESTMENTS LLC ANNOUNCES ACQUISITION OF REGENCY ELECTRIC COMPANY

Norlee Group
Wally Budgell, CEO
(925) 795-0005

April 1, 2025

RE: NORLEE INVESTMENTS LLC ANNOUNCES ACQUISITION OF REGENCY ELECTRIC COMPANY

FOR IMMEDIATE RELEASE

Norlee Investments LLC is pleased to announce the acquisition of Regency Electric Company (RE), a leader in customer-focused electrical contracting and technology solutions. Founded in 1979, RE specializes in the Healthcare, Hospitality, and Commercial sectors. The transaction was finalized on March 31, 2025.

Since its inception, Regency Electric Company has been known for delivering high-quality electrical work with a focus on cost-effective solutions, smart technology integration, and detailed pre-planning. With an outstanding reputation for long-term client relationships, RE offers services in Design/Build, Building Information Modeling (BIM), and on-site support and inspections. As part of the Norlee Group (NLG), RE will continue its legacy as a trusted name in the industry, while expanding its capabilities.

Norlee Investments LLC also owns AEC Electrical Contractors (AEC), Adkins Electric (AEI), Colwill Enterprises (CEI), Millennium Electric (MEI), and Tietjen CET Technologies (TTI). This acquisition strengthens Norlee's portfolio, enhancing its market presence across electrical, mechanical, technology, and engineering sectors.

RE will continue to operate as a subsidiary of Norlee Investments LLC from its existing office in Jacksonville, FL. The acquisition will bring synergies and expanded services to RE’s clients, leveraging the combined expertise of the Norlee Group in areas such as Underground Infrastructure, Design/Build and Plan & Spec Electrical Contracting, Mechanical Contracting, Consulting Engineering, and Fiber Optic/Copper Structured Cabling, serving sectors including Commercial, Educational, Healthcare, Hospitality, Industrial, Manufacturing, and Multi-Family.

Darrell W. Crochet will continue as President at RE as well as all other members of the senior leadership team.

For more information, or if you have any questions, please contact:
Wally Budgell, CEO, Norlee Investments LLC
[email protected]
or
Darrell Crochet, President, Regency Electric Company
[email protected]

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