SUNDOG CAPITAL ANNOUNCES FORMATION OF STRYKER ELECTRIC PLATFORM
April 18, 2022
A year ago, Sam Pawliger and I, Michael Tew, started Sundog Capital for one simple reason: we wanted to help build great businesses. Based on my and Sam’s collective experience, we believed that the best way to do this was to start with businesses that are already great and help make them even better. So, we began the journey to find, invest in, and support companies where we could make a difference.
We are thrilled to announce that Sundog has completed its first investment with the combination of three electrical contractors: Stryker Electrical Contracting, Edge Electric, and Bay Area Electric. Together these businesses will form the Stryker Electric platform.
Individually, each of these businesses is great. They are led by impressive executives, operate in high growth markets, and focus on attractive niches within the electrical contracting industry. Combined, these businesses are even more compelling. The combined platform creates a business of considerable scale, spanning multiple high-growth geographies with excellent diversification across end markets.
Stryker Electrical Contracting, based in Palm City, Florida, is led by CEO Scott Eccleston and COO John Wehle, who will continue to lead the combined platform. Scott and John have built an impressive corporate infrastructure at Stryker across estimating, bidding, accounting, and project management functions, which will serve as the foundation for operational excellence across the platform. For more information, please visit www.stryker-electric.com.
Edge Electric, Inc., based in Austin, Texas, is led by Sandra and Russell Johnson. Sandra and Russell have shown an impressive ability to scale their business quickly and profitably, and we are excited to support them with additional resources to further develop the rapidly growing Texas market. For more information, please visit www.edgeelectricinc.com.
Bay Area Electric, based in Sarasota, Florida, is led by Mark Gatz. Bay Area has an exemplary history of delivering a high level of service on complex municipal projects that includes wastewater infrastructure. Bay Area will provide an excellent foundation within the high-growth market of Florida’s Gulf Coast. For more information, please visit www.bayareaelectricfl.com.
Sundog is excited to partner with and support these three great companies to build on an impressive history and legacy.
To view our investment partner White Wolf Private Credit's press release, click here.