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New Deal


Announced

Cooper Electric to acquire Billows Electric Supply.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

electrical products

electrical services

Electrical Components

Single Bidder

supplier

Acquisition

Cross Border

Majority

Private

Pending

Friendly

Synopsis

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Cooper Electric, a full-service electrical distributor and subsidiary of Sonepar, agreed to acquire Billows Electric Supply, a supplier of electrical products and services to electrical contractors. Financial terms were not disclosed. "Billows Electric Supply is a fantastic addition to the Sonepar family. The Billows team is recognized for their deep expertise in the industry and our cultures are very aligned. This acquisition offers us the opportunity to increase our coverage and density within the important markets in which Billows operates and help take their great customer service to the next level," Rob Taylor, Sonepar President of North America.

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