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International Business Exchange (IBEX) successfully brokered the sale of the business Trans Pecos Electric Inc in Pecos, Texas on February 19, 2016 to private individuals. IBEX acted as the merger and acquisition advisor to the deal, helping the business owner list, market, wade through buyers, due diligence and close the deal. The companys was established in 1976 in Pecos, Texas, by Mr. Halley Brookshire and his wife Virginia Brookshire. They each own 50/50 of the stock of the corporation. The Company was established as a local electrical contractor doing small local electrical work. As the Company grew, the Company’s scope of work expanded, as well as the size of jobs they currently contract. Today, as one of the key west Texas electrical contractors, the Company performs work in the oil & gas sector, industrial, commercial, irrigation, agriculture, and new construction, for both commercial and residential projects. The Company has the ability to bid on large jobs with their strong asset base for bonding. The Company is known for their reputation of troubleshooting difficult electrical situations. The Company is also called upon regularly for maintenance and repair work. Their length of time in business in the local west Texas market has given them an advantage with their successful history of knowledge and experience to resolve difficult electrical problems, coupled with their on the job management, which has positioned them with a great reputation to get the job done and align them for future repeat work. The Company has a strong asset base, consisting of trucks for the employees, bucket trucks and trucks to drill pole holes. The Company has handling equipment at their shop to move large motors and generators. The Company carries a large on-hand inventory of electrical wire, conduit & fittings, large electrical motors, motor control panels and disconnects switches. An area that the owner feels a new owner can bring to this market is an enhanced ability to continue to grow the automation business in the local oil and gas industry that is so prevalent in west Texas. Currently the Company services this industry, but they are asked to do more work on automation equipment. Currently the Company can respond to this request, but it needs to be a primary focus of a new owner to expand the Company’s capability in this area. Another area of expansion for a new owner is increase the asset base to handle additional power line work for the oil & gas industry as well as wind turbines.