BOSTON, MA, April 16, 2025 - Hastings Equity Partners (“Hastings”), a preferred capital partner to founders of lower middle market businesses, is pleased to announce that its portfolio company MKD Electric, LLC (“MKD”) has acquired Sea-Tac Electric (“Sea-Tac”), a Seattle-based electrical services contractor.

This acquisition supports MKD's ongoing objective to grow both organically and through acquisitions, adding a new physical footprint on the west coast, and solidifying its position as one of the nation's largest non-union electrical contractors.

Established in 1987, Sea-Tac is a full-service electrical company offering electrical design, construction & installation, voice & data structured cabling integration, and back-end service & maintenance for customers throughout the Pacific Northwest. The Company has developed a leading reputation as the “go-to-provider” in the grocery and manufacturing sectors, and also has extensive experience executing on other retail, healthcare and general industrial jobs. Working both direct and through GCs for some of the most well-known end customers in the region, Sea-Tac brings several exciting new growth prospects to the MKD platform.

“We are very excited to welcome Sea-Tac into the MKD family of companies,” said Ed Maslak, CEO of MKD Electric. “Sea-Tac gives us our first physical presence out west, further expanding the reach of the MKD platform and allowing us to service our multi-state customers from coast-to-coast. The Company has built a strong reputation in the Pacific Northwest market, which can be attributed to their impressive management and field team. We believe this acquisition will further enhance our breadth of services and will provide yet another building block for MKD’s continued growth in 2025 and beyond.”