Border States announced it would purchase Advance Electrical Supply Co, a wholesale electrical supplier in Chicago, Ill. Advance will officially merge with Border States on April 30.
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“We are excited to welcome Advance Electrical Supply Co. to our employee-owned company. They are a very successful and well-respected electrical distributor with an outstanding reputation. Their proven track record, Chicago presence and potential for growth make them a perfect geographic addition,” Border States President Jason Seger said.
Advance has achieved double-digit revenue growth, on average, over the past five years, with sales generated primarily in the construction market. Advance has more than 100 employees in the Chicago area and will join the East Region of Border States.
Jonathan Bein, Ph.D. is Managing Partner at Distribution Strategy Group. He’s
developed customer-facing analytics approaches for customer segmentation,
customer lifecycle management, positioning and messaging, pricing and channel strategy for distributors that want to align their sales and marketing resources with how their customers want to shop and buy. If you’re ready to drive real ROI, reach out to Jonathan today at
jbein@distributionstrategy.com.