Winsupply acquires Tacoma Electric Supply, distributor to the greater Puget Sound market
DAYTON, Ohio, Dec. 6, 2017 /PRNewswire/ -- Winsupply Inc., one of the largest distributors in the nation, has purchased Tacoma Electric Supply LLC, a Washington-based distributor of electrical equipment and supplies. Tacoma Electric Supply has locations in Tacoma and Puyallup. Terms of the purchase were not disclosed.
Tacoma Electric Supply is consistently listed among the top 200 electrical distributors in the U.S. and is a recognized brand in the greater Puget Sound market.
"Tacoma Electric Supply has been in business 36 years and is a well-managed company in a growing market under the leadership of Charlie Silva, president, along with an experienced management team," said Roland Gordon, president and CEO, Winsupply Inc. "The Puget Sound region is in a housing construction boom. The longevity of Tacoma Electric Supply and the customer relationships they've built over the years will provide an excellent platform for growth under Winsupply.
"This latest acquisition bolsters Winsupply's presence in the Northwest, and becomes our first electrical supplier to that region and our second along the West Coast. Earlier this year, we acquired Electrical Sales Inc. in Southern California."
Silva, a 31-year veteran of the electrical industry, will continue in his leadership role as president as well as invest equity in Tacoma Electric Supply. In the Winsupply co-ownership business model, Winsupply Inc. has majority equity in each of its locations, while the local company presidents and sometimes employees own substantial equity.
About Winsupply Inc.
Winsupply Inc. (www.winsupplyinc.com) is a leading supplier of residential and commercial construction and industrial supplies and equipment headquartered in Dayton, Ohio. The privately-held company has nearly 600 wholesaling locations in 45 states and offers entrepreneurs the unique opportunity to own a meaningful part of the local business. Collectively, Winsupply is known as "The Winsupply Family of Companies" and includes Win-branded locations, Noland Company, Carr Supply, Security Plumbing & Heating Supply, Wyatt Irrigation and Electrical Sales, Inc. In the family are companies conducting business-to-business wholesale distribution of supplies and equipment in plumbing and heating; hydronics; pipe, valves and fittings; HVAC and refrigeration; electrical; fastening hardware; waterworks and utility; pumps; turf irrigation and landscape; and fire system fabrication. Follow Winsupply on Facebook, LinkedIn, and Twitter.
Contact:
Winsupply
Maury Williams
mtwilliams@winsupplyinc.com
937-531-4554
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SOURCE Winsupply Inc.
