About MYR Group
MYR Group is a company based in Rolling Meadows (United States) founded in 1891 was acquired by ArcLight in March 2006. The company has 8,500 employees as of December 31, 2024. MYR Group has completed 6 acquisitions, including CSI Electric, E.S. Boulos Company and Huen Electric. MYR Group offers products and services including Transmission Construction and Renewable Energy Services.
- Headquarter Rolling Meadows, United States
- Employees 8500 as on 31 Dec, 2024
- Stage Public
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Sectors
Real Estate & Construction
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Myr Group, Inc.
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Annual Revenue
$3.36 B (USD)-7.73as on Dec 31, 2024
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Net Profit
$30.26 M (USD)-66.74as on Dec 31, 2024
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EBITDA
$112.42 M (USD)-38.91as on Dec 31, 2024
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Latest Funding Round
Not available
- Investors
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Employee Count
8500
as on Dec 31, 2024
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Investments & Acquisitions
CSI Electric
& 5 more
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Acquired by
ArcLight
(Mar 20, 2006)
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IPO & Listings of MYR Group
MYR Group is a publicly listed company on the NASDAQ with ticker symbol MYRG in USA, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of MYR Group
MYR Group offers a comprehensive portfolio of products and services, including Transmission Construction and Renewable Energy Services.
Large-scale electrical transmission projects are delivered to support infrastructure needs.
Renewable energy projects, including solar and storage solutions, are constructed to aid energy transformation.
People of MYR Group
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Software Development Team
19 people
Sales and Marketing
13 people
Leadership Team
13 people
Human Resources and Administration
10 people
Senior Team
7 people
Operations Team
5 people
Regional Team
4 people
Finance and Accounting
4 people
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Funding Insights of MYR Group
Detailed funding history for MYR Group
Round names, dates, amounts, investors, and valuation history require an active premium plan.
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Investors in MYR Group
MYR Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include ArcLight.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Infrastructure investments are focused on energy transition and digital economy by ArcLight.
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Locked | Locked | Locked |
Investor details for MYR Group
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Investments & Acquisitions by MYR Group
MYR Group has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include CSI Electric, E.S. Boulos Company and Huen Electric.
Investment portfolio details for MYR Group
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Solar systems are installed by CSI for energy needs.
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Locked | Locked | 1990 | Locked | |
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Power line infrastructure development services are provided to clients.
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Locked | Locked | 1990 | Locked | |
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Electrical services are provided to commercial and residential clients.
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Locked | Locked | 1990 | Locked |
Complete acquisition details for MYR Group
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Financial Statements - MYR Group
Detailed financials for MYR Group
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Myr Group Comparisons
Peer comparison for MYR Group
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Competitors of MYR Group
Detailed competitors of MYR Group
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Latest news on Myr Group
Complete news archive for MYR Group
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Frequently Asked Questions about MYR Group
MYR Group was founded in 1891.
MYR Group is headquartered in Rolling Meadows, United States. It is registered at Rolling Meadows, Illinois, United States.
Rick Swartz is the current CEO of MYR Group.
As of Dec 31, 2024, the latest employee count at MYR Group is 8,500.
Annual revenue of MYR Group is $3.36B as on Dec 31, 2024.
MYR Group is a group company engaged in the installation of electrical transmission, distribution, and substation projects. Services include construction of commercial industrial electrical works, underground electrical installations, engineering electrical installation for renewable projects, EPC services, project reporting, and civil construction. Operates a fleet of 5900 equipment set consisting of heavy-duty crew cabs, trucks tension machines for construction activities. Also, performs project inspection monitoring operations through drones. Constructed projects are Lexington-Dooms Transmission Line, Clover Substation, Pawnee Substation, Dry Lake II Wind Farm Nansemond River Crossing. Subsidiaries are Sturgeon Electric Company, Harlan Electric, MYR Transmission Services, Great Southwestern Construction Huen Electric.
MYR Group offers Transmission Construction and Renewable Energy Services.
Yes, MYR Group is publicly traded on NASDAQ under the ticker symbol MYRG.
MYR Group has made 6 acquisitions, including CSI Electric, E.S. Boulos Company, and Huen Electric.
MYR Group has 1 investor. Key investors include ArcLight.
The ticker symbol of MYR Group is MYRG on NASDAQ.