Cape Electrical Supply Acquires Power Supply Company, LLC
September 4, 2024
Cape Electrical Supply, a subsidiary of Graybar, has acquired Power Supply Company, LLC, an electric utility distributor based in Chattanooga, Tennessee. The business will operate as a division of Cape Electrical Supply, with existing employees and supplier relationships retained, expanding Cape Electric's presence into the Tennessee market.
- Buyers
- Cape Electrical Supply, Graybar
- Targets
- Power Supply Company, LLC
- Sellers
- John Kosky, Rob Jenkins
- Industry
- Electrical Services
- Location
- Tennessee, United States
- Transaction Type
- Buyout
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