Titan Electrical Construction and Design Acquired by Kassel’s Gutridge
Latest Acquisition Boosts Gutridge’s Resources in the Electrical Contracting Space
COLUMBUS, Ohio, June 28, 2018 – Today, Gutridge, a Newark, Ohio-based Mechanical, Electrical, Fire and Plumbing Contractor, and Kassel announced they have acquired Titan Electrical Construction and Design, based in Lewis Center, Ohio, for an undisclosed amount.
Titan is an electrical contracting company providing a variety of services including low, medium and high voltage work, lightning protection and control, LEED services and more. With high-profile projects like the Joseph Hotel, Dick's Sporting Goods (Polaris), Cabela's and Axium Plastics, Titan has designed and built electrical services for some of central Ohio’s most well-known companies.
“Gutridge’s acquisition of Titan fortifies our service capabilities in the construction space,” said Tom Werner, Managing Partner, Kassel and Chairman, Gutridge. “Bringing Titan into the fold allows us to provide our clients with a one-stop shop for their specialized trades.”
“With over 50 years of combined electrical contracting experience, it’s Titan Electrical Construction's philosophy to provide excellent service from start to finish,” said Elliott Allison, president and chief executive officer, Titan Electrical Construction. “The acquisition by Gutridge fits into our vision to bring our customers the best electrical construction experience from conceptual design to completed construction and beyond.”
“Tom and I set out two years ago to assemble a sub-contracting team with well-respected players in each of the primary trades,” said Brett Motherwell, Managing Partner, Kassel, and Vice Chairman, Gutridge. “With the Titan acquisition, I’m pleased to say that we have passed the first milestone of our vision for Gutridge in central Ohio. We have a great team in place, which will allow us to continue to best serve the Ohio construction market. ”
Titan will continue to operate as Titan Electric in Lewis Center, Ohio as it is integrated as a division of Gutridge’s operations.
Gutridge, formerly Gutridge Plumbing, Inc., a Kassel company, is a full-service mechanical, electrical, plumbing, and fire protection installation and service company. Headquartered in Newark, Ohio, Gutridge also has locations in Dublin and Columbus totaling nearly 30,000 square feet of engineering, design, service and administrative offices with over 15,000 square feet of prefabrication and shop space. Serving nearly 250 miles around Columbus, Gutridge has grown from a one-employee operation started by Gil Gutridge to a premier design build, design assist, and plan spec subcontractor employing more than 350 full-time employees. Gutridge has acquired Haslett Mechanical, Fireguard, and now Titan within the last 12 months in a drive to consolidate a premier local source for mechanical, electrical, plumbing and fire suppression contracting and installation.
Kassel is headquartered in Dublin, Ohio and is led by Managing Partners Thomas Werner, Brett Motherwell, and Managing Directors Felipe Gonzalez, Brenda Werner and Aja De Los Santos. In addition to its newest acquisitions, Kassel currently owns and operates KDB Custom Homes, Gorilla Dumpsters, Kassel Construction LLC (FL operations), Haslett Sheet Metal and Fabrication (formerly Haslett Mechanical), Gutridge (formerly Gutridge Plumbing, Inc.), and Highlands Golf Club.