There was no guarantee that Tommy L. Davis’ electrical company TD4 would succeed in the competitive world of electrical contracts.
In 2006, Rick Oertli, president and CEO of Guarantee Electrical Company, invested in the fledgling TD4. His confidence paid off when Davis announced this week that his company had bought out the stake held by Guarantee and was now a 100% minority-owned company.
“We’re proud of what we’ve accomplished over the past 16 years at TD4, and grateful to Rick and Guarantee for believing in us and investing in us,” Davis said.
“Few entrepreneurs can claim the level of success for which we have worked hard. We look forward to remaining one of the region’s leading 100% minority-owned electrical contractors.
TD4 employs 75 electricians and its 30,000 square feet of warehouse space makes it one of the largest minority-owned contractors in St. Louis. The company is working on several projects in St. Louis, including the Missouri Botanical Garden, Centene Stadium (future home of the City of St. Louis MLS), and the BJC-3 campus renewal project. TD4 also has customers in Pittsburgh and Columbus, Ohio.
Davis said his son Tommy L. Davis III joined the company in 2014 “and quickly adapted to the industry.”
Davis III held several positions within the company, starting with that of assistant project manager. He now serves as Vice President of Business Operations.
“It has been a pleasure to witness the growth and success of TD4 Electrical Company over the years, and it is especially gratifying to see our relationship come full circle as Tommy and Tommy buy out our stake to become full owners. of the company in which they worked. so hard to grow,” Oertli said.
“We look forward to continuing to grow our partnership and collaborating on future projects together.”
Companies have partnered with projects including St. Louis Museum of Art, Centene Tower, River City Casino, Monsanto CV Technology Building, Ballpark Village, SSM St. Louis University Hospital and the BJC Healthcare campus renewal program.
Future joint projects include the Taylor Visitor Center at the Missouri Botanical Garden, the Ameren Corporation headquarters renovation, and the University of Washington Siteman Cancer Center.
TD4 has been named Minority Business of the Year five times by the St. Louis Minority Business Council; four-time winner of Black Enterprise Nation’s Top 100 Minority Businesses; and a Small Business Administration (SBA) Minority Business of the Year-Missouri award in 2020.
Over its 16 year history, TD4 has become a full service MBE Certified Electrical Contractor. It provides power, voice/data, fire alarm, security, temperature control and material distribution services. It is certified as a Minority Business Enterprise (MBE) by the St. Louis Minority Business Council, the Mid-States Minority Development Council and the St. Louis Airport Authority.
The history of Guarantee Electrical Company goes back a little further. It was founded in 1902 and its first major project was to help “electrify” the 1904 World’s Fair in St. Louis, according to its website. It is one of the oldest electric companies in the United States.