Atlas Power Partners, a New York City-based platform of residential generator and electrical services companies, announced that Boyland Electric has joined its group. Boyland is based in Laytonsville, Maryland and serves homeowners and businesses across Maryland, Washington, D.C., and Virginia. Founder Doug Boyland will continue to lead the company as President. Terms were not disclosed.
The asset.
Boyland Electric is a residential and commercial electrical contractor and generator dealer. It is a Generac Premier Dealer and a Kohler Dealer, provides 24/7 electrical service, and is known, per the release, for transparent estimates and five-star service. Carole Boyland, Co-Owner, credited the team's dedication and said the move means more room to advance, more training, and the chance to teach other technicians to do installations the Boyland way.
That mix matters. A generator dealer with a full electrical license and a 24/7 service desk owns the whole job: sizing, the electrical tie-in, installation, and the maintenance visits afterward.
The buyer.
Atlas was formed in 2025 and co-founded by Danny Baker and Grant Perelman of Sherman Street Capital, which backs the platform. It is led by CEO David Fischer. Its first two partners are in Florida: Always On Generators (founded 2015; Naples and Fort Myers; led by Co-Presidents William Hankins and Eric Patterson), which joined in 2025, and Trademark Electric (founded 2012; Ocala, serving North Central Florida; led by President Chris Shea), which joined in 2026.
All three companies sell and service both Generac and Kohler units. Together, Atlas says, they install more than 1,000 generators a year and service more than 20,000. Fischer said Boyland stood out for "extremely high-quality work" with "no whiz-bang sales sizzle," and Atlas says it is actively seeking more generator and electrical partners across the country.
Standby power is becoming its own buyer category.
Backup generators used to be a side line for electricians in storm country. Atlas is building a platform around them, and the move to Maryland says the thesis is not only about hurricanes. Outages from grid strain, winter storms, and aging infrastructure drive demand well outside Florida, and a home that has a standby unit needs annual maintenance for as long as it owns it.
That installed base is the asset buyers want. Twenty thousand units under service is recurring, scheduled work, and it is where the long-term customer relationship lives. Fischer framed the pitch around honest pricing and installs done right rather than high-pressure sales, which also tells sellers what Atlas will diligence: install quality, callback rates, and how many units are on maintenance plans.
Electrical contractors with a home-energy angle are drawing more dedicated capital. We covered a similar thesis when Charge Home Solutions added Voltera Energy, and in commercial electrical with Onni-Rye's purchase of Pacific Industrial Electric.
What it means.
If you run an electrical shop that sells and services standby generators, you may be worth more to a focused generator platform than to a generalist buyer. Know your numbers: units installed per year, units on maintenance agreements, renewal rates, and how much revenue comes from service versus new installs. Dealer status with Generac or Kohler helps, and so does a team that can handle the electrical and gas work in-house.
Own a generator or electrical company?
Schryver & Co. advises trades owners with roughly $5 million to $100 million of revenue. If a generator platform or sponsor has reached out, or you want a clear read on what your service base is worth, reach Will at will@schryverco.com.
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