Baker Electric

Des Moines, United States Founded: 1946 • Age: 80 yrs Acquired By Emcor Group
Residential and commercial electrical services are provided.
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About Baker Electric

Baker Electric is a company based in Des Moines (United States) founded in 1946 was acquired by Emcor Group in April 2019.. Baker Electric offers products and services including Service and Repair, Commercial Services, Residential Services, Energy Services, and Technology Services. Baker Electric operates in a competitive market with competitors including Thermon, Aeroseal, American Residential Services, Wrench Group and Hajoca, among others.

  • Headquarter Des Moines, United States
  • Sectors
    Business Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Baker Electric, Inc.
Operational Areas
Business Services → Professional & Consulting Services
Business Services → Facility, Security & Field Operations
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Emcor Group

    (Apr 04, 2019)

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Products & Services of Baker Electric

Baker Electric offers a comprehensive portfolio of products and services, including Service and Repair, Commercial Services, Residential Services, Energy Services, and Technology Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides 24/7 electrical repair for residential and commercial needs.

Handles electrical work for government, schools, and industrial projects.

Offers design, installation, and maintenance for household electrical systems.

Conducts energy audits and lighting retrofits to reduce costs.

Manages cabling and installations for corporate technology needs.

People of Baker Electric
Headcount 200-500
Employee Profiles 4
Employee Profiles
People
John Layland
Songwriter / Retired Executive VP for Baker Electric Inc.
People
Cory Sloss
President
People
Joe-Dene Mullen
accountant

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Funding Insights of Baker Electric

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Baker Electric

Baker Electric has secured backing from 1 investor. Prominent investors backing the company include Emcor Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Offers mechanical construction, electrical services, energy, and facilities solutions.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Baker Electric

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Baker Electric

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Baker Electric Comparisons

Employees
+
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Competitors of Baker Electric

Baker Electric operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Thermon, Aeroseal, American Residential Services, Wrench Group and Hajoca, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

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Duct sealing services are provided to homes and industries.
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Provides heating, air conditioning, plumbing, and sewer and drain services to homes and businesses
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Web application that enables tradesmen to create customized preventive maintenance programs
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Offers comprehensive HVAC repair, plumbing, and other maintenance services.
domain founded_year HQ Location
Multi-category grocery products are offered via an app-based retail platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Baker Electric

Frequently Asked Questions about Baker Electric

When was Baker Electric founded?

Baker Electric was founded in 1946.

Where is Baker Electric located?

Baker Electric is headquartered in Des Moines, United States. It is registered at Des Moines, Iowa, United States.

What does Baker Electric do?

Baker Electric was founded in 1946 and is headquartered in Des Moines, United States. Electrical services for residential and commercial clients are delivered by the company within the construction and utilities sector. Operations focus on installation, maintenance, and repair of electrical systems. Coverage extends across local and regional areas in the Midwest, supporting both new builds and existing structures. The domain bakerelectric.com is utilized for online presence.

Who are the top competitors of Baker Electric?

Baker Electric's top competitors include Thermon, Aeroseal and Wrench Group.

What products or services does Baker Electric offer?

Baker Electric offers Service and Repair, Commercial Services, Residential Services, Energy Services, and Technology Services.

Who are Baker Electric's investors?

Baker Electric has 1 investor. Key investors include Emcor Group.

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