{"url":"https://newsforagent.com/news/2026-11-10/onni-rye-pacific-industrial-electric-acquisition","markdown_url":"https://newsforagent.com/news/2026-11-10/onni-rye-pacific-industrial-electric-acquisition.md","title":"Onni-Rye Holdings Acquires Pacific Industrial Electric","headline":"Onni-Rye Holdings Buys Pacific Industrial Electric, Adding 53 Years of Medium-Voltage Expertise","description":"Onni-Rye Holdings acquired Pacific Industrial Electric, a California contractor with 53 years of medium-voltage expertise.","section":"Mergers & Acquisitions","published_at":"2026-11-10T23:40:58+00:00","modified_at":"2026-11-10T23:40:58+00:00","author":"News Desk","key_takeaways":["Onni-Rye Holdings acquired Pacific Industrial Electric Company, a California-based specialty electrical contractor, for undisclosed terms.","PIE joins Rye Electric and Oilfield Electric in the Onni-Rye portfolio, which is led by Onni Capital.","Chris Michalski and John Martin will continue to lead Pacific Industrial Electric under Onni-Rye ownership."],"companies":[{"name":"Onni-Rye Holdings JV","is_primary":true,"profile_url":null,"website":null},{"name":"Keystone Business Advisors","is_primary":false,"profile_url":"https://akta.pro/company-profiles/00257fo/keystone-business-advisors","website":"https://www.keystonebusinessadvisors.com"}],"source":{"publisher":"EIN Presswire","title":"Onni-Rye Holdings Acquires Pacific Industrial Electric Expanding Electrical Infrastructure to Support Data Center Growth","url":"https://www.einpresswire.com/article/955886535/onni-rye-holdings-acquires-pacific-industrial-electric-expanding-electrical-infrastructure-to-support-data-center-growth"},"other_sources":[],"tags":["Mergers & Acquisitions","Onni-Rye Holdings JV","Keystone Business Advisors"],"body_markdown":"Onni-Rye Holdings has acquired Pacific Industrial Electric Company, a California-based specialty electrical contractor, for undisclosed terms, the company said in a November 10, 2026 announcement. [EIN Presswire](https://www.einpresswire.com/article/955886535/onni-rye-holdings-acquires-pacific-industrial-electric-expanding-electrical-infrastructure-to-support-data-center-growth) carried the announcement. Onni-Rye is an investment partnership led by Onni Capital that acquires and grows electrical contractors and manufacturers. PIE provides medium- and high-voltage electrical solutions, including construction, design-build, engineering, testing, maintenance and emergency response.\n\n## Onni-Rye Adds PIE to Electrical Contracting Portfolio\n\nPIE joins Rye Electric and Oilfield Electric in the Onni-Rye portfolio. The contractor serves industrial, commercial and public-sector customers primarily throughout California and Arizona, and its union workforce, in-house engineering and owned equipment fleet support medium-voltage distribution systems, substations and emergency response. Financial terms of the transaction were not disclosed.\n\nChris Golden, CEO of Onni-Rye Holdings, said: \"Nothing changes for PIE's customers. They can expect the same team, the same services, and the same responsiveness, while Onni-Rye provides the backing to take on larger and more complex work.\" Golden added that John Martin and Chris Michalski will continue to lead the business.\n\nChris Michalski, President of Pacific Industrial Electric, said: \"Joining Onni-Rye represents an exciting next chapter for PIE.\" Brandon Mayhew, Vice President of Corporate Finance and Operations at Onni Capital, said PIE's capabilities combined with Rye Electric's strengthen the platform's ability to deliver electrical infrastructure for data centers.\n\n[Keystone Business Advisors](https://akta.pro/company-profiles/00257fo/keystone-business-advisors) served as exclusive sell-side M&A advisor to Pacific Industrial Electric. Dave Richards, Managing Partner and M&A Advisor at Keystone, led that role, according to the firm's [announcement](https://www.keystonebusinessadvisors.com).\n\n## Earlier Onni-Rye Acquisitions\n\nOnni-Rye Holdings acquired Pacific Industrial Electric in Brea, California, adding high-voltage, data center and 24/7 emergency electrical services across California and Arizona, EIN Presswire reported in November 2026. In May 2026, Onni-Rye Holdings acquired Oilfield Electric Company, a Ventura and Santa Barbara electrical services firm, in a partnership between Onni Group and Rye Electric, EIN Presswire reported.\n\n## PIE's Leadership After the Deal\n\nJohn Martin and Chris Michalski will continue to lead Pacific Industrial Electric, Golden said. PIE was founded more than five decades ago and has operated for more than 53 years, according to the announcement.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}