Cape Coral firm changes owners, plans 20 hires

CAPE CORAL — Mike Patrick has sold the firm he founded in 1983, Mike Patrick Electric, to his son Todd Patrick.

Todd Patrick and his sister, Joanne Buffum, have been responsible for daily operations at the firm since 1997 and with the acquisition Todd Patrick will have total control of the business, according to a release. Mike Patrick will stay on with the company as a project manager for the commercial services division, while Buffum will pursue a teaching career, the statement adds.

Terms of the deal weren't disclosed.