TRIO Electric
“Can a traditional electrical contracting business leverage PE-backed capital and modern construction software to scale operations in the non-residential construction market?”
Founded2003
HQHouston, TX, USA
Latest roundPrivate Equity Acquisition, January 2026
IndustryVertical SaaS / Construction
The story
TRIO Electric was founded in 2003 as a traditional electrical contracting business serving non-residential construction clients in the Houston, Texas area. The company has grown organically on the strength of its technical expertise and customer service over more than two decades. In January 2026, Paceline Equity Partners acquired TRIO Electric, signaling a move toward institutionally-backed growth. The company uses Procore as its construction management platform, indicating adoption of modern vertical SaaS tools for project operations.
Product timeline
2003
TRIO Electric founded in Houston, Texas as a full-service electrical contractor serving the non-residential construction market.· pivot
2026
Acquired by Paceline Equity Partners in January 2026, marking a private equity investment into the company.· acquisition
The stack
Accounting gap: none