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Diversified Electric Services Acquisition Drives Group CBS Expansion in Northeast

May 9, 2014
Group CBS, Inc., Addison, Texas, recently acquired selected assets of Diversified Electric Services, Inc. (DES), Seymour, Conn. The move is a significant geographic expansion of Group CBS’s footprint into the northeastern U.S.

Group CBS, Inc., Addison, Texas, recently acquired selected assets of Diversified Electric Services, Inc. (DES), Seymour, Conn. The move is a significant geographic expansion of Group CBS’s footprint into the northeastern U.S.

DES was a full-service electrical equipment supply, repair, and field service company serving utility, industrial and commercial customers in the Northeast.  Group CBS’s newly created Circuit Breaker Sales NE, Inc. will merge these assets with its existing resources to serve customers in the Northeast and Mid-Atlantic regions.

“DES has 22 years of market presence, more than 30 employees, and has been a leader in the Northeast electrical marketplace,” said Bill Schofield, V.P. of Group CBS Inc. “With the addition of Group CBS information systems, testing protocols, equipment and inventory management, and modern technology, new and old customers can expect an even higher level of service from Circuit Breaker Sales Northeast.”

Tim Kelly and Lou Lavorgna of Group CBS will help lead the new organization.

Group CBS has had interests in numerous electrical supply, service, and engineering companies throughout the western and southern U.S. With the formation of CBS Northeast and this significant investment, Group CBS now has brick-and-mortar facilities and a strong platform to better serve and grow its customer base.

“We expect more acquisitions will follow as Group CBS continues to implement its aggressive national growth strategy,” Schofield said.