Electrical supplies distributor U.S. Electrical Services Inc. (USESI) acquired Swift Electrical Supply Company via USESI subsidiary Monarch Electric Company. Terms of the transaction were not disclosed.
Swift Electrical will now operate as part of the Monarch Electric Co. region within USESI.
MDM’s 1Q25 M&A Report (store link)
Based in Teterboro, NJ, Swift Electrical is a distributor of electrical products, serving a range of customers, including contractors, architects, builders, public agencies, energy service companies and commercial property managers. The company operates four locations in New Jersey — Teterboro, East Brunswick, Hawthorne and Valley Cottage — with nearly 100 employees supporting the tri-state area.
USESI said the acquisition enhances its market presence and extends its reach across New Jersey, New York and southern Connecticut.
MDM Case Study: Wesco (Premium access here)
“Swift is a company we’ve long admired — for their sharp execution, customer-first mindset, and strong team culture,” Monar Electric, EQ, HZ and Swift Electrical Supply at USESI President Dan Wise said in a May 21 news release. “By bringing them into the Monarch family, we’re not only growing our capabilities and footprint—we’re welcoming a group of people who share our values of integrity, collaboration, and excellence.”
USESI was No. 11 on MDM’s 2024 Top Distributors List for Electrical Supplies.
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