Blackford Capital Acquires E.G. Middleton, Inc., Expanding Its MEP Services Platform into Virginia

Century-old electrical contractor adds mission-critical capabilities, long-standing customer relationships and a strategic Mid-Atlantic presence

GRAND RAPIDS, Mich., Oct. 14, 2026 /PRNewswire/ -- Blackford Capital (Blackford), a leading lower-middle-market private equity firm, today announced the acquisition of Norfolk, Virginia-based E.G. Middleton, Inc. (EGM), a third-generation, family-owned electrical contractor serving government, industrial, transportation and commercial customers throughout the Mid-Atlantic region.

The acquisition further expands Habco Partnership, Inc., Blackford's growing mechanical, electrical and plumbing (MEP) services platform into Virginia and strengthens its electrical contracting capabilities across the region.  

Founded in 1920, EGM designs, installs and maintains electrical systems for large-scale infrastructure and institutional projects, including high-voltage power distribution, substations, building wiring, site lighting and specialized control systems. The company employs approximately 120 skilled workers, including more than 100 electricians, and maintains long-standing relationships with customers including the U.S. Navy, Dominion Energy and Newport News Shipbuilding.

"The best add-on acquisitions offer more than scale—they make the platform strategically stronger and more capable," said Jeff Johnson, managing director at Blackford Capital. "E.G. Middleton brings Habco deep technical expertise, a strong Mid-Atlantic presence and customer relationships built over generations, all of which create new avenues for durable growth across the combined business."

EGM's expertise in mission-critical environments, including shipyards, piers and dry docks, adds specialized capabilities to the Habco platform while establishing a strong presence in Virginia and the broader Mid-Atlantic region. The combination also creates opportunities for the companies to pursue larger projects, expand capacity and cross-sell services across the respective customer bases.

"E.G. Middleton has grown by doing demanding work well and earning the trust of our customers," said E.G. Middleton III (Rudy), president and CEO of E.G. Middleton. "Partnering with Habco and Blackford gives our team additional resources and reach to build on that foundation while preserving the values and operating culture that have served us well. I'm energized by what we can accomplish together." 

Rudy Middleton and EGM's existing management team will remain with the company following the acquisition.

"Rudy and his family have built E.G. Middleton into a highly respected business with a history that spans more than a century," said Andrew Habel, CEO of Habco. "We are grateful for the trust he has placed in Habco to help carry that legacy forward."

About E.G. Middleton, Inc. 
Founded in 1920 and headquartered in Norfolk, Virginia, E.G. Middleton is an electrical contractor serving federal, state, local and commercial customers throughout the Mid-Atlantic. The company specializes in industrial and heavy electrical construction, utility distribution, military installations, ship repair infrastructure, transportation and other mission-critical applications.

About Blackford Capital
Blackford Capital is a private equity investment firm headquartered in Grand Rapids, Michigan. Founded in 2010 by Martin Stein, the firm focuses on majority-control investments in lower-middle-market industrial companies, including manufacturing, distribution, and service businesses with revenues typically between $20 million and $200 million. For more information, visit www.blackfordcapital.com.

SOURCE Blackford Capital