Criticore Announces the Appointment of Michael Dawid as Chief Financial Officer

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DALLAS--(BUSINESS WIRE)--Dec 10, 2024--

Criticore Group (“Criticore” or the “Company”), a leading electrical services platform that serves advanced, mission-critical facilities through full lifecycle management of electrical and data infrastructure, turnkey engineering solutions and comprehensive preventative maintenance services, is pleased to announce the appointment of Michael Dawid as Chief Financial Officer.

Michael brings more than 25 years of financial leadership experience within the technical facility services space, demonstrating a proven track record of driving financial performance, implementing innovative strategies and fostering strong relationships across organizations. Most recently, Michael served as CFO for Sciens Building Solutions, a prominent full-service commercial fire and life safety company.

"We are thrilled to have Michael join our growing leadership team," said Tom Bartolomei, CEO of Criticore. "His financial stewardship and expertise will be a tremendous asset as we continue executing our buy-and-build strategy. In addition to supporting the strategic growth we are realizing with our earlier acquisitions of RK Electric and Jenco, Michael will be a critical contributor to accelerating our value creation efforts through his robust financial and operational leadership experience.”

“I’m excited to join Criticore and collaborate with such a talented and experienced team,” said Michael Dawid. “The Company’s strategic vision and the demand for Criticore’s mission-critical services is very compelling.”

The Criticore platform was formed as an ExecFactor ® initiative which is Huron Capital’s proprietary, thematic investment strategy, where the firm underwrites an industry and partners with an executive to deploy Huron’s buy-and-build investment model. This strategy combines Huron’s sector focus, deep industry relationships, committed capital and repeatable buy-and-build approach to create a new platform investment.

About Criticore

Criticore, based in Dallas, Texas, is a full-service, engineering-led, non-union electrical services provider. The company serves a diverse range of high-demand end markets including semiconductor, EV battery, data centers, biotech, healthcare, industrial manufacturing and higher education. Criticore’s service-focused business model, coupled with sophisticated project capabilities, is dedicated to providing comprehensive electrical services. The company specializes in electrical and data systems across critical uptime environments with demanding load requirements. For more information about Criticore and its services, please visit criticoregroup.com.

About Huron Capital

Huron Capital is a leading lower middle-market private equity firm focused on partnering with outstanding management teams to build leading service companies. Through HCP Services, Huron brings a people-first and thematic approach to investing in mission-critical service companies in the infrastructure, facility and residential sectors where Huron Capital has a long history of success, proven playbooks and extensive resources. Huron Capital seeks to make control investments in leading service businesses with $20 million to $200 million in revenue.

Founded in Detroit in 1999, over the past 25 years Huron Capital has acquired more than 285 companies through seven investment funds, managing over $2 billion in capital on behalf of a global institutional investor base. Through its proprietary ExecFactor ® program, Huron Capital utilize a proactive, thesis-driven investment process to identify the best potential management teams and investment opportunities in its core sectors. For more information, please visit www.huroncapital.com.

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Email:[email protected]| Phone: (214) 814-4136

KEYWORD: TEXAS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES ENGINEERING MANUFACTURING FINANCE CONSTRUCTION & PROPERTY BUILDING SYSTEMS

SOURCE: Huron Capital

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PUB: 12/10/2024 09:00 AM/DISC: 12/10/2024 09:03 AM

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