NESCO continues growth surge with acquisition of Bristol County Electrical
Needham Electric Supply (NESCO), Canton, Mass., has acquired the assets of Bristol County Electrical Supply, Taunton, Mass. Bristol will now operate as Needham Electric Supply.
Founded in 1974, Bristol County Electrical Supply is a privately held electrical distributor serving primarily residential and commercial contractors in the greater Taunton area. Marc Barney has been named branch manager and will continue to manage the day-to-day sales and operations.
In a press release announcing the acquisition Gregory Wilson, NESCO’s president said, “We are thrilled to add our fourth branch location in southeastern Massachusetts and to welcome Marc and his team to the Needham Electric family. We look forward to bringing greater levels of service to our customers in this area and to new business opportunities.”
In the past four months, Needham Electric Supply has added nine new locations through organic growth and strategic acquisitions. In addition to the Bristol County Electrical acquisition, in February the company opened new branch in Hudson, N.H., and acquired GTM Electric Supply, St. Albans, Vt.; and in Dec. 2012 the company acquired Laconia Electric Supply, Laconia, N.H., which had six branches and a lighting showroom. The 27-branch NESCO was ranked #91 in EW’s most recent ranking of the Top 200 distributors.
About the Author
Jim Lucy Blog
Chief Editor
Jim Lucy has been wandering through the electrical market for more than 30 years, most of the time as an editor for Electrical Wholesaling, Electrical Marketing newsletter and CEE News. During that time he and the editorial team for the publications have won numerous national awards for their coverage of the electrical business. He showed an early interest in electricity, when as a youth he had an idea for a hot dog cooker. Unfortunately, the first crude prototype malfunctioned and the arc nearly blew him out of his parents' basement. Before becoming an editor for Electrical Wholesaling magazine and Electrical Marketing, he earned a BA degree in journalism and a MA in communications from Glassboro State College, Glassboro, NJ., which is formerly best known as the site of the 1967 summit meeting between President Lyndon Johnson and Russian Premier Aleksei Nikolayevich Kosygin, and now best known as the New Jersey state college that changed its name in 1992 to Rowan University because of a generous $100 million donation by N.J. zillionaire industrialist Henry Rowan. Jim is a Brooklyn-born Jersey Guy happily transplanted in the fertile plains of Kansas for the past 20 years.