Winsupply Inc. of Dayton, Ohio, announced today that it has acquired Tacoma Electric Supply LLC, a major wholesale distributor of electrical equipment and supplies.
The local company, which also has locations in Puyallup and Lacey, is consistently listed among the top 200 electrical distributors in the U.S.
“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 TES and the customer relationships they’ve built over the years will provide an excellent platform for growth under Winsupply.”
Silva, a 31-year veteran of the electrical industry, will continue in his leadership role as president, as well as invest equity in the local operation. In the co-ownership business model of the acquiring firm, Winsupply Inc. has majority equity in each of its locations, while the local company presidents and sometimes employees own substantial equity.
Winsupply is a privately-held company with nearly 600 wholesaling locations in 45 states.