Cabco Acquires 50% Stake in Lakeview Electric
New strategic partnership will enhance offerings for customers
Dartmouth, NS – Cabco Communications Group (Cabco) and Lakeview Electric Ltd. (Lakeview) are joining forces to provide customers with an integrated one-stop shop for their electrical and communications needs.
Cabco, a leading communications technology integrator in the Maritimes, has acquired 50 percent of Lakeview, a full-service residential, commercial, and industrial electrical contractor. Lakeview founders Corey and Sarah Graves will retain 50 percent ownership in the electrical contractor and continue in their current roles as President and Vice-President, respectively.
“We have worked closely with Lakeview in the past and know that their focus on quality work and customer satisfaction aligns well with our values,” said Michael Mills, President & CEO of Cabco. “Corey and Sarah have done a great job building Lakeview. We expect to grow the business significantly with their continued leadership, talented team, and alignment with Cabco’s product offering.”
“This is a great day as we position the business for significant growth with the support of our new partners at Cabco,” said Corey Graves, Lakeview’s President. “We look forward to working with Cabco’s ownership group and staff to enhance offerings for customers of both companies.”
Lakeview will move its headquarters to 2 Ralston Ave, Dartmouth, where Cabco and Office Interiors are headquartered.
About Cabco
Cabco Communications Group is the longest-running, locally-owned communications infrastructure integrator serving Atlantic Canada. The company is headquartered in Dartmouth, Nova Scotia and was founded in 1980. With a broad product offering, from data cabling to premise security, unified communications (phone/wifi), video collaboration, and contracted carrier services, Cabco has you covered. This is backed by measured customer satisfaction using NPS methodology to ensure independently verified satisfied clients. www.cabco.ca
About Lakeview
Lakeview Electric Ltd was established in 2012. Since then, the company has grown from having a single house on the books to multiple new Commercial, Industrial, Institutional and Renewable Energy projects running simultaneously. Our integrated project management approach provides procurement and construction services to businesses and homes throughout Atlantic Canada. Lakeview Electric is characterized by strong leadership, a skilled workforce, a strong safety record and good customer relationships. www.lakeviewelectricltd.ca/
Media Contact:
Michael Mills
President & CEO
mmills@cabco.ca
902-471-0363