A subsidiary of Rexel USA, Mayer, has announced the acquisition of Electrical Supplies, Inc., a prominent independent electrical distributor based in Miami, Florida. Founded in 1976 by Fred Segal, Rudy Hinds, Larry Newland, and Mike Vavrek, Electrical Supplies, Inc. has built a strong reputation for exceptional customer service in Southeast Florida. The leadership baton was passed to Jim Segal, John Hinds, and Bob Devona in 2008, who continued the company’s legacy of excellence.
This acquisition marks a significant milestone for Mayer as it extends its reach into the burgeoning Miami-Dade market. By acquiring Electrical Supplies, Inc., Mayer aims to enhance its service offerings to better support contractors and customers in Southeastern Florida. Electrical Supplies, Inc. operates strategically located branches in Pompano Beach, Miami, and Homestead, positioning itself as a leading independent electrical distributor in the region for nearly five decades.
The acquisition aligns with Mayer’s strategic vision for growth and market expansion while preserving the legacy and commitment to excellence that Electrical Supplies, Inc. has established over the years. Southeastern Florida is experiencing robust economic growth fueled by favorable population trends, increased construction activity, and a business-friendly environment, making this acquisition a timely and strategic move for Mayer.
Roger Little, CEO of Rexel USA, expressed his enthusiasm for the acquisition: “We are excited to welcome Electrical Supplies, Inc. and all its associates to Mayer. This strategic move aligns with our growth goals and demonstrates our ongoing commitment to invest in Mayer. By bringing Electrical Supplies, Inc. on board, we can expand our reach and continue to provide best-in-class service and solutions to our customers in Southeastern Florida.”
Mike Kidney, President of Mayer, highlighted the significance of the acquisition: “The acquisition of Electrical Supplies, Inc. presents a tremendous opportunity for us to enhance our presence and offerings in the dynamic Southeastern Florida market. The complementary strengths of our businesses make this a natural fit, and we are eager to leverage our combined capabilities to drive growth.”
With this acquisition, Mayer and Electrical Supplies, Inc. are poised to deliver enhanced value and support to customers in Southeastern Florida, driving growth and innovation in the electrical distribution industry.
About Rexel USA:
Rexel USA, the parent corporation for Rexel Group business activities in the United States, is headquartered in Dallas, Texas and is one of the largest distributors of electrical products, data communication, and related supplies in the United States. Rexel USA operates its electrical distribution business in the United States through eight Regions that go to market under various banner and trade names, including Rexel, Rexel Automation, Gexpro, Mayer, and Platt Electric Supply. In addition to an online store, Rexel USA has a distribution network of over 450 warehouse storefront locations throughout the U.S.
About Rexel Group:
Rexel, worldwide expert in the multichannel professional distribution of products and services for the energy world, addresses three main markets: residential, commercial, and industrial. The Group supports its residential, commercial, and industrial customers by providing a tailored and scalable range of products and services in energy management for construction, renovation, production, and maintenance. Rexel operates through a network of over 1,950 branches in 19 countries, with more than 27,000 employees.