Vista-based Electrical Sales Inc. has been acquired by Winsupply Inc., one of the nation’s largest distributors of electrical equipment and supplies.
Financial terms of the deal were not disclosed.
Electrical Sales, founded in 1984 as a wholesale distributor of electrical equipment and supplies, serves customers in San Diego and the Inland Empire. The company will continue to do business as Electrical Sales. It has 38 employees at its two locations in Vista and in San Diego.
“This acquisition gives Winsupply its first electrical distribution location on the West Coast and we see significant opportunities for growth throughout the region,” said Roland Gordon, president of Winsupply.
The privately held Ohio-based distribution company has 580 wholesale locations in 45 states.
San Diego-based investment banking and merger and acquisition advisory firm Shoreline Partners, which works with companies between $5 million and $200 million in revenue, advised Electrical Sales on the transaction.