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Subjects: Product/Service, Personnel, Merger/Acquisition, Business Update

HomeSquare Announces Acquisition of Lucci Electric and New Office in Wilton, Connecticut


HomeSquare, LLC ("HomeSquare"), a prominent full-service home services provider, has acquired Lucci Electric, Inc. ("Lucci Electric"), a leading electrical and generator business based in Wilton, CT. Together with HomeSquare's existing electrical and generator business, the combined business is one of the largest full-service electrical and generator providers serving residential and light commercial clients in Fairfield County, CT and Westchester County, NY. Christopher Reeb and Dawn Mele of Lucci Electric will join the senior leadership team and will continue to operate out of Lucci Electric's existing facility in Wilton.

The acquisition of Lucci Electric is the 8th acquisition by HomeSquare since 2017 and solidifies its commitment to providing high quality services to residential and light commercial clients in the NY Tri-State area.

"The partnership between HomeSquare and Lucci Electric adds to our existing capabilities in electrical and generator sales and servicing solutions," said Kris O'Brien, Vice President of HomeSquare's Electrical and Generators department.

"Lucci Electric has a long history of serving residential and light commercial clients in Fairfield and Westchester Counties for over 65 years. HomeSquare is uniquely qualified to carry on our proud legacy," said Christopher Reeb, President of Lucci Electric. "We share the same high level of standards and commitment to serving clients, and we are looking forward to joining HomeSquare's platform."

"We extend a warm welcome to Lucci Electric into the HomeSquare family," said Thomas Liu, Co-Founder of HomeSquare. "This transaction demonstrates our commitment to clients by seeking out opportunities that enhance HomeSquare's service offering and strengthen our position in the marketplace."

Tolerance Capital, a full-service investment banking firm, served as the exclusive financial advisor to Lucci Electric.

About HomeSquare
HomeSquare, LLC serves thousands of residential and light commercial clients with offices in Norwalk, CT, Pleasantville, NY and Wilton, CT. HomeSquare's mission is to deliver a comprehensive suite of home services in a professional and technology-friendly manner. For further information about HomeSquare, please visit www.HomeSquarePro.com.

About Lucci Electric
Lucci Electric, Inc. has been proudly serving Fairfield County, CT and Westchester County, NY homes and businesses since 1958 with the highest quality service and workmanship in electrical and generator sales and servicing. For further information about Lucci Electric, please visit www.LucciElectric.com.



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