Criticore Group, a Flower Mound-based electrical services platform, has appointed veteran financial executive Michael Dawid as chief financial officer.
Criticore serves advanced, mission-critical facilities through full lifecycle management of electrical and data infrastructure, turnkey engineering solutions, and comprehensive preventative maintenance services.
“We’re thrilled to have Michael join our growing leadership team,” CEO Tom Bartolomei said in a statement. “His financial stewardship and expertise will be a tremendous asset as we continue executing our buy-and-build strategy. In addition to supporting the strategic growth we are realizing with our earlier acquisitions of RK Electric and Jenco, Michael will be a critical contributor to accelerating our value creation efforts through his robust financial and operational leadership experience.”
To his new position, Dawid brings more than 25 years of financial leadership experience within the technical facility services space, demonstrating a proven track record of driving financial performance, implementing innovative strategies and fostering strong relationships across organizations, the company said. Most recently, he was CFO for Sciens Building Solutions, a prominent full-service commercial fire and life safety company.
“I’m excited to join Criticore and collaborate with such a talented and experienced team,” Dawid said in a statement. “The company’s strategic vision and the demand for Criticore’s mission-critical services is very compelling.”
Criticore said its platform was formed as an ExecFactor initiative which is Huron Capital’s proprietary, thematic investment strategy in which the firm underwrites an industry and partners with an executive to deploy Huron’s buy-and-build investment model. The firm said that strategy combines Huron’s sector focus, deep industry relationships, committed capital and repeatable buy-and-build approach to create a new platform investment.
Criticore serves a diverse range of high-demand end markets including semiconductor, EV battery, data centers, biotech, healthcare, industrial manufacturing and higher education.
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