Chugach Alaska Corporation purchased Rex Electric and Technologies, a Chicago-based provider of electrical and technology services for general contractors and building owners, the Alaska Native corporation announced Tuesday.
"The addition of Rex to the Chugach family of companies will diversify and strengthen our commercial services portfolio, one of our key focus areas, which we believe will drive greater long-term stability and growth," said Gabriel Kompkoff, CEO of Chugach.
Dominic Sergi will retire from his role as chief executive officer and owner of Rex, while Michael A. Segreti will continue to lead the Rex team as president.
"The synergy between our companies was evident from the first time we met. We are proud to join the Chugach family," said Segreti.