Latest from Industry

Photo 226496518 / Mohd Izzuan Ros / DreamsTime
Keatanan Viya / DreamsTime
Acquisitions 113295878 Keatanan Viya Dreamstime 1025 64c2db2ce16f3

Graybar Buys Baltimore's Shepherd Electric Supply

July 27, 2023

Graybar Electric Supply, St. Louis, has completed the acquisition of Shepherd Electric Supply, Baltimore, MD. Shepherd Electric Supply serves construction, commercial, industrial and government customers. The company was founded in 1892 and operates five locations in Maryland, Virginia and the District of Columbia. Last year, Shepherd ranked 13th in the Baltimore Business Journal's largest private companies list and was voted as one of the Baltimore Sun's Top Workplaces.

The company also ranked 34th on Electrical Wholesaling's 2023 Top 150 Electrical Distributors list. As a subsidiary of Graybar, the company will continue to operate under the Shepherd Electric Supply name with the same leadership team, employees and suppliers.

Kathleen Mazzarella, chairman, president and chief executive officer of Graybar, said in the press release. “With its long-standing presence and strength in the Washington-Baltimore metropolitan area, we believe this acquisition provides a solid foundation for accelerating our growth. We are delighted to welcome the Shepherd team to Graybar and look forward to achieving success together.”