The 2020 Mid-Year Economic Update_long

Crescent Electric Agrees to Acquire Interstate Electric

Move strengthens position in the Mountain West

Crescent Electric Supply Co., East Dubuque, Il, has agreed to acquire Boise, ID-based Interstate Electric Supply. IES serves residential and commercial contractors, industrial OEM and MRO and institutional customers from six stocking branches in Idaho and Oregon.   

Marty Burbridge, Crescent Electric president and CEO, said “Under Crescent ownership, IES will continue to operate under the Interstate Electric Supply name and brand with the same employees, leadership team, suppliers and customers.”

Interstate Electric Supply will continue to operate from its current Boise headquarters. The transaction is scheduled to close September 30.  

About the Author
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.

By subscribing, you are agreeing to MDM’s Privacy Policy.
Social Media Auto Publish Powered By :