Hot Wire, Inc. (Hot Wire) including its five Alaska based subsidiaries: Hot Wire Electric, Inc., Hot Wire Communications, Inc., Electric, Inc., Redi Electric, Inc. and Alaska Power & Communications, LLC (55%), have been acquired by Chenega Commercial Holdings, LLC, a subsidiary of the Chenega Corporation.(source: ADN)
A substantial family business providing commercial and residential, electrical and telecommunications contracting services since 1960, Venture North Group helped the owners sell to a large Alaska Native Corporation, giving the buyer the opportunity to leverage and vertically integrate its large construction business.
Read the Anchorage Daily News article regarding the sale of this long time Alaska business >> here