Chinook Industry Spotlight: Utility Services Q2 2024
- U.S. investor-owned utilities are in the early stages of hardening transmission and distribution systems, investing $168B in capital expenditures in 2023
- The utilities industry is currently hampered by supply chain shortages that make it difficult to maintain the electric grid, with power transformer and generation step-up transformer lead times reaching over 120 weeks in 2023
- Despite this, the utilities industry is benefiting from numerous tailwinds including legislation assisting in the modernization of the electric grid, electrification of everything, and data centers
- Leading utility service providers are utilizing M&A to diversify their geographic footprint and grow their customer base across new markets and services to remain competitive in the dynamic industry landscape
About Chinook Capital Advisors:
Chinook Capital Advisors, based in Kirkland, WA, is a leading M&A advisory firm serving the needs of Pacific Northwest business owners. We help businesses prepare for and execute business ownership transition events.
Our expertise includes sell-side advisory/seller representation services, recapitalizations, advisory board/transaction preparation services, and other services including business valuation and debt advisory. Chinook serves many of the key industries that drive the Pacific Northwest economy, including manufacturing, distribution, business services, technology, healthcare products & services, and consumer products & services.
Chinook Capital Advisors is a member of the Alliance of International Corporate Advisors. AICA is a global network of middle market M&A advisory firms that provide clients with access to buyers, investors, and acquisition targets around the world.
We welcome inquiries from business owners wanting to discuss business valuation, M&A market updates, or how to build value towards a future exit or recapitalization.
