Schaedler Yesco Distribution Acquires Clarion Electric Supply
October 9, 2023
Schaedler Yesco Distribution Inc. has entered into an agreement to acquire Clarion Electric Supply Company, a two-location electrical supply distributor in northwest Pennsylvania. The deal, driven by Schaedler Yesco's western-region growth strategy, is expected to close after due diligence in December 2023 and will expand Schaedler Yesco's footprint to better serve contractors in Northwest Pennsylvania.
- Buyers
- Schaedler Yesco Distribution Inc.
- Targets
- Clarion Electric Supply Company
- Sellers
- Current ownership of Clarion Electric Supply (the company's owners; sale driven by owners' desire to join another independent distributor)
- Industry
- Building Products
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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