Loenbro, LLC, a multi-craft provider of specialized services to data center, infrastructure, and diversified industrial markets, announced on September 14, 2026 that it has acquired Prism Electric, a Texas and Oklahoma electrical contractor. The release calls the transaction the largest acquisition in Loenbro’s history.
CEO Daniel Cowan framed Prism as a values-aligned electrical contractor with strong customer partnerships. Blake Combs, Prism’s founder and president, said the combination is a next growth step rather than a change in direction, with opportunities for employees, customers, and communities as the priority. Members of Prism’s leadership team will take key operational roles in Loenbro’s South Region.
The asset.
Prism Electric was founded in 1994 by Blake Combs and is positioned as a leading electrical contractor serving Texas and Oklahoma. The company employs approximately 2,500 people and provides electrical construction, service, maintenance, and integrated technology solutions on complex and mission-critical work across data center, healthcare, industrial, aviation, and commercial sectors. The release emphasizes safety culture, technical depth, and relationships with owners, developers, and contractors in the region. No revenue or EBITDA figures were disclosed.
The platform.
Loenbro was founded in 2000 and describes itself as a long-term construction lifecycle partner with offerings across Critical Electrical, Mechanical & Structural, Soft Crafts, Inspection, Underground Maintenance and Installation, and Fabrication. End-market focus in the Prism release spans data centers, healthcare, advanced manufacturing, energy, aviation, commercial construction, and industrial infrastructure.
In December 2025, Loenbro entered a strategic partnership with Kohlberg, a Mount Kisco, New York middle-market private equity firm (founded 1987; the firm says it manages approximately $18 billion). The Prism acquisition is framed as a key component of that growth strategy. Alvarez & Marsal was due diligence advisor and Evercore financial advisor to Loenbro, with Godfrey & Kahn as legal counsel; Glaucon Partners advised Prism financially, with Hallett & Perrin as legal counsel.
Data-center electrical inside a wider MEP wave.
Prism’s disclosed mix leads with data center work alongside healthcare, industrial, aviation, and commercial — the same mission-critical demand Loenbro and Kohlberg underwrote in December 2025. Adding roughly 2,500 people and a TX/OK electrical bench in one stroke is capacity where hyperscale and industrial power loads are actually being built: densify the South Region with Prism’s own leadership, on a platform that already maps field offices and fabrication through Texas, Oklahoma, and the Mountain West.
Zoom out and the deal sits inside a broader MEP consolidation cycle. PE-backed multi-craft platforms, public strategics, and industrial consolidators are competing for the same scarce inventory: large regional electrical and mechanical contractors with union or high-skill crews, mission-critical resumes, and enough scale to staff multi-site data-center and industrial programs — especially Southern and Central electrical capacity that can chase power, controls, and critical-path schedules.
Kohlberg’s Loenbro partnership is already executing against that thesis less than a year after the December 2025 announcement — a named, largest-in-history electrical bolt-on rather than a single-metro shop. Platforms with a data-center / mission-critical story will keep shopping for the next Prism-sized electrical in Texas, Oklahoma, and adjacent licensed markets on Loenbro’s map.
What it means for commercial electrical owners.
If you run a commercial or industrial electrical contractor with data-center, healthcare, or heavy industrial exposure in the Southern corridor, buyer interest is not theoretical. Sponsors are paying for headcount, geography, and critical-path capability in the same breath — and they are packaging continuity (Prism leadership into Loenbro’s South Region, founder voice on the wire) as part of the offer, the same way public consolidators do.
The practical question is less “will someone call?” and more “who is underwriting your end markets?” Hyperscale and industrial electrical demand concentrates in the states Loenbro already marks as located, licensed, or emerging. Owners who look like Prism — multi-market TX/OK electrical with mission-critical depth — should expect inbound from PE-backed multi-craft platforms and from strategics chasing the same crews.
No purchase price, revenue, or EBITDA was disclosed. The story is Loenbro’s largest deal, ~2,500 people, TX/OK data-center and industrial electrical, and another data point in MEP consolidation — not a multiple.
Kohlberg, December 11, 2025 (Loenbro partnership) →
Building commercial electrical or MEP capacity in data-center and industrial markets?
Schryver & Co. works with owners who want a clear read on which platforms are actually shopping their end markets — and what a deal would look like before a banker process starts. If Prism-sized electrical or multi-craft MEP is your world, we are glad to talk through options. No pitch deck, no pressure.
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