The combined company will be a multi-region, Top 10 electrical distributor with more than 1,300 employees serving customers from 41 locations in the Midwest, Southeast and South Central areas of the United States.
The purchase of ElectricSmarts is not JDM Technology’s first venture into the electrical market, as the company also owns the ConEst and Vision InfoSoft estimating software packages.
Upchurch Electrical Supply, founded in Fayetteville in 1955, is a full-line electrical distributor with locations in Fayetteville, Fort Smith and Rogers, AR.
The current managers of each location will make equity investments in their respective new companies with Winsupply as majority owner.
TrueCommerce said the addition of Datalliance will extend its commerce network into the collaborative replenishment, inventory management and demand forecasting markets.
Stoneway’s purchase of H.D. Campbell bolsters its business in the industrial market.
Prairie Capital Advisors also represented Van Meter Industrial in its acquisition of Miller Electric Supply.
After two attempts over the past few years to acquire UK-based software provider Aveva Group failed to take, Schneider Electric has an agreement with Aveva’s board to create a new global player in engineering and industrial software.
Littelfuse said the acquisition gives it a broader technology platform and capability to expand growth into industrial and electronics markets.
The acquisition will enable Osram to expand its business with digital lighting solutions and add to its expertise in software, sensors and connectivity.