Sonepar Makes Splash in Florida, Acquires ESI - Modern Distribution Management

Sonepar Makes Splash in Florida, Acquires ESI

Sonepar plans to align the electrical contractor business of ESI with World Electric, while ESI’s utility segment will align with Irby Utilities.
Sonepar IES

On Oct. 3, electrical distributor Sonepar announced that its U.S. subsidiary, World Electric,  acquired Electric Supply of Tampa, LLC (ESI) from Supply Chain Equity Partners.

Financial terms were not disclosed. The two sides reached the agreement on Sept. 30, according to a Sonepar news release.

ESI serves contractor and utility customers in Florida, the Caribbean and Latin America. The company adds nine new locations and more than 220 associates to Sonepar’s network, the company said.

Sonepar said it plans to align the electrical contractor business of ESI with World Electric, while ESI’s utility segment will align with Irby Utilities, Sonepar’s national utility platform.

“With the acquisition of ESI, World Electric and Irby Utilities will significantly increase their operations within the Florida market making Sonepar the most impactful electrical and utility distributor in Florida,” said Rob Taylor, President of Sonepar North America. “This acquisition offers a great opportunity to connect geographies and expertise to enhance services and capabilities for customers. ESI is a leading regional independent distributor, with the unique advantage of running a diverse business across both the electrical contractor and utility markets.”

World Electric operates 18 branch locations in Florida and Georgia, while Irby Utilities operates 46 branch locations across the U.S., including a strong presence in Florida, Sonepar said.

“We are excited to have ESI join the World Electric and Irby Utility teams; ESI has an exceptional, customer-focused market reputation earned through driven performance and excellent operations,” Tammy Livers, President of World Electric, and Joe LeNoir, President of Irby Utilities, said in a joint statement. “The ESI business further strengthens the customer and vendor relationships of our two organizations. We look forward to working with the talented ESI team to solidify our position as the go-to distributor in the Florida market.”

Sonepar ranks No. 2 among electrical distributors on MDM’s 2023 Top Distributors Lists.

Last month, the company also unveiled a new vision for its West Region in the U.S.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!