Keep The Lights On
Granite State Business Holdings buys and operates established electrical contracting businesses across rural New England— preserving the names, the people, and the relationships that built them.
Who We Are
GSBH is a holding company built around established CII electrical contractors in Northern New England. We combine local know-how, trusted relationships, and scrappy New England roots with the infrastructure and capital needed to help good businesses grow for generations.
74
Employees
3
Operating
Companies
2
Regions
What We Offer
Stable Operations, Modern Tools
We bring the systems, technology, and capital that growth and longevity require — without disrupting what already works
Growth Paths for Your People
Your employees gain real career paths inside a larger platform, with training, development, and room to move up.
Care for Your Customers
The same people keep doing the work. The same name stays on the truck. Relationships you spent decades building stay intact.
A Clean Transition
We structure deals for owners who want to step back without leaving their team or community behind.
Seller
Requirements
Most of the businesses we acquire share at least three of these traits

CII Electrical Focus
Commercial, industrial, and institutional projects.
$500K–$1.5M Net Income
Commercial, industrial, and institutional projects.
Rural Markets
Where reputation and relationships matter most.
Non-Union Workforce
Promotable Manager
At least one leader ready to step into the GM role.
Strong Safety Culture
How We Operate
Your business keeps its identity. We add the capital and modernized operations behind the scenes.
Centralized under GSBH
- Finance, accounting, reporting, and estimating
- HR systems and payroll
- Insurance and risk management
- IT systems and software
- Strategic planning and capital allocation
Stays local with your team
- Brand name and local identity
- Customer relationships
- Office staff, GM, and field team
- Project management
- Safety culture and field practices
Our Companies
We already operate businesses like yours.
Ray’s Electric & General Contracting
New Hampshire
Our flagship brand. Decades of local trust and proven CII expertise, with the ability to self-perform both electrical and general contracting.

Yankee Electric & Co.
New Hampshire
An established electrical contractor with longstanding regional relationships and CCI experience across northern New England.
Amplex Electric
Southwestern Virginia
A commercial and industrial electrical contractor in a region with consistent demand and few established operators. Our foothold in Appalachia.

Leadership
Caleb Page — Founder
A Coast Guard veteran with 34 years of leadership experience across military, corporate, and entrepreneurial environments. Caleb leads project portfolio, financial oversight, and strategic direction across the platform.
Partnership Opportunities
We are interested in speaking with owners of construction and electrical businesses in rural markets, as well as partners aligned with our acquisition strategy.



