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Subsequent Event
3 Months Ended
Mar. 31, 2022
Subsequent Events.  
Subsequent Event

12. Subsequent Event

On April 1, 2022, we acquired all of the issued and outstanding equity interests of Atlantic Electric, LLC and its related subsidiary (together, “Atlantic”). Atlantic is headquartered in Charleston, South Carolina, and performs electrical contracting for customers in various South Carolina markets, as well as installation of airport runway lighting in the Southeast. We expect Atlantic to initially contribute annualized revenues of approximately $50 million. The transaction was primarily funded from the Company’s revolving credit facility.