WESCO International Inc., Pittsburgh, has acquired Needham Electric Supply. Headquartered in Canton, Mass., Needham generates approximately $115 million in annual revenues through 24 locations sin Massachusetts, New Hampshire and Vermont and national lighting accounts.
Needham Electric Supply was ranked #68 in the 2015 Electrical Wholesaling 2015 Top 200 list of electrical distributors based on 2014 sales. The company has grown over the years organically and by acquisition. It bought Midstate Electric Supply in Berlin, Vt., in 2011 and GTM Electric Supply in St. Albans, Vt., in 2013, giving it six locations in Vermont. It also made a string of acquisitions in 2007 to 2009 that tripled its number of locations. WESCO has been more active on the acquisition trail lately, winning a deal for Hill Country Electric, Austin, Texas, earlier this year after a few years of smaller niche acquisitions and several purchases in Canada.