On June 20, East Coast-based construction supplier NEFCO announced the acquisition of Lexington, Kentucky-based Jiffy Fastening Systems Inc.
“Through this partnership, NEFCO will expand its presence into the Midwest and service contractors in Kentucky, Ohio, Indiana, Tennessee, and West Virginia,” states NEFCO President & CEO, Matthew Gelles. “Jiffy has been fortunate to have the exceptional leadership of the DeMoss brothers and we are excited to welcome Jeff, Kevin, and Steve DeMoss to the NEFCO family. All three brothers will continue to lead the Jiffy business and we look forward to working with them for many years to come”.
This is NEFCO’s sixth acquisition since 2017. Financial details of the deal were not disclosed.
Jiffy services customers out of three branches located in Lexington; Louisville, Kentucky; and Cincinnati, Ohio.