Latest from News

© Endeavor Business Media
em12202024
Crescent Electric Supply
scott_teerlinck_crescent_1920
Illustration 60886103 / kheng ho to /Dreamstime.com
rep_appointment_illustration_60886103__kheng_ho_to
Photo 199231482 / Hye Jin Kang / Dreamstime.com
prices_cost_rising_photo_199231482___hye_jin_kang_
Photo 7507349 / cornelius20 / Dreamstime.com
construction_landscape_photo_7507349__cornelius20_
id 9679880 / tebnad dreamstime.com
oilgas_id_9679880__tebnad_dreamstime
Photo 226496518 Mohd Izzuan Ros / Dreamstime.com
Mergers and acquisitions, Electrical Marketing,

Wiseway Supply Acquires Kentucky Lighting & Supply

March 11, 2019
The acquisition expands Wiseway Supply’s service area, now encompassing 10 branches, from central Ohio to central Kentucky with many key customers beyond that geography.

Wiseway Supply, Florence, KY, founded in 1972 by Biz and Jackie Cain, is pleased to announce the acquisition of Kentucky Lighting & Supply, Lexington, KY.

Wiseway Supply, with seven branches located in the greater Cincinnati market, is based in northern Kentucky. Kentucky Lighting & Supply, with three branches, is based about 75 miles down I-75 from Wiseway in Lexington. These two markets are contiguous with virtually no overlap of customers or sales personnel. This acquisition expands Wiseway Supply’s service area, now encompassing 10 branches, from central Ohio to central Kentucky with many key customers beyond that geography.

John Cain, Wiseway Supply’s owner and president, said in the press release, “This acquisition brings together two great teams with very similar cultures and a focus on customer service. Keeping the staff and vendors in place will ensure that our central Kentucky customers receive the same products and service they have been accustomed to from the Kentucky Lighting & Supply team recently lead by Paula Minton. The acquisition of Kentucky Lighting & Supply fits well with our long-term plan of strategic, profitable growth.”

Paula Minton, Kentucky Lighting & Supply’s former general manager will join Wiseway’s executive team as VP, Showrooms. She will be the face of Wiseway Supply in Lexington. She said in the press release, “John and I have known and respected each other for over 25 years. I am confident that the Wiseway Supply Team will continue our business in much the same manner we have done for more than 60 years. Wiseway Supply will be able to service our very diverse customer base, perhaps even driving faster growth in our footprint with their innovative solutions and processes. We feel very comfortable handing over the reins to Wiseway Supply.”