Loenbro, backed by Kohlberg, has acquired Prism Electric, an electrical contractor with a strong presence in Texas and Oklahoma, in what the company describes as its largest acquisition.

Founded in 1994 by Blake Combs, Prism Electric provides electrical construction, maintenance and integrated technology services for data center, healthcare, industrial, aviation and commercial projects. The company employs approximately 2,500 people, significantly scaling Loenbro’s workforce and expanding its footprint across the Southern United States.

Prism’s leadership team will take on operational roles within Loenbro’s South Region. The deal follows Loenbro’s December 2025 strategic partnership with Kohlberg, a middle-market private equity firm, to accelerate growth.

Alvarez & Marsal served as due diligence advisor and Evercore as financial advisor to Loenbro, with Godfrey & Kahn as legal counsel. Glaucon Partners advised Prism, with Hallett & Perrin as legal counsel. Kohlberg, founded in 1987 and based in Mount Kisco, New York, manages approximately $18 billion.