ClosedPublished 5 Oct 2026

Heartwood Partners /
IEM Electric, Inc.

Heartwood Partners' Norlee Group buys IEM Electric

Terms
Undisclosed
Stage
Closed
Source · 5 Oct 2026
01 / BuyerHeartwood Partners
02 / TargetIEM Electric, Inc.
01

What happened

Heartwood Partners portfolio company Norlee Group has acquired IEM Electric, Inc., an industrial electrical contractor in Hickory, North Carolina founded in 1993 by Paul Brooks Jr. The deal was finalized on September 30, 2026 and extends Norlee into North Carolina.

Terms weren't disclosed.

Who bought IEM Electric, Inc.?

Heartwood Partners acquired IEM Electric, Inc. (Closed, published 5 Oct 2026).

02

The source

01
Source

Heartwood Partners' Norlee Group buys IEM Electric

Original filingUnlock with Pro
03

Timeline

  1. Also stated

  2. Published by the source

04

Deal Web

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This dealHeartwood Partners / IEM Electric, Inc.Closed · Published 5 Oct 2026
BuyerHeartwood Partners
This dealHeartwood Partners / IEM Electric, Inc.

Closed · Heartwood Partners acquired IEM Electric, Inc. (Closed, published 5 Oct 2026).

Published 5 Oct 2026
Timeline
  1. Also stated
  2. Published by the source
Hover or tap a name to see how it connects, and when
Deal Web as a list