DATE: November 01, 2019
Who is Our Client?
- Frost Electric Supply, based in Maryland Heights, MO, is a six-location distributor with a history in the St. Louis market that extends back to 1909.
- Three generations of the Frost family have guided the distribution company, focused on the electrical supply, industrial, automation, tools, safety and voice/data industries.
Why Did Frost Electric Supply Hire Nolan?
- The owners were seeking a strategic buyer or private equity firm that would present growth opportunities for the company.
What Value Did Nolan Deliver?
- Nolan’s sale process delivered Consolidated Electrical Distributors (CED), based in Irving, TX.
- CED is one of the largest electrical solutions distributors and product suppliers in the country, specializing in residential, commercial, industrial and solar projects.