Rockingham Electrical Supply Company, Inc. (“Rockingham”) announced it has been acquired by Sonepar Distribution New England, Inc. (d/b/a NorthEast Electrical) (“Sonepar”). Rockingham is a leading, full-service electrical supplier in the New England region. Sonepar is a market leader in business-to-business distribution of electrical products, solutions, and related services. This transaction is the successful culmination of an initiative led by Bigelow LLC.
A family-owned business since 1954, Rockingham (www.rockinghamelectric.com) offers a full line of electrical products and services. Rockingham focuses on a broad spectrum of valued customers including residential, commercial, industrial, electrical contractors, builders, and homeowners. Headquartered in Newington, New Hampshire and operating across Massachusetts, New Hampshire and Maine, Rockingham joins Sonepar with 10 branch locations and over 100 associates.
“My family and I are so proud of the growth our team has achieved building on the founding principles of Rockingham. The time is right for a partner that understands our market opportunity, believes in the integrity of our culture, and future vision. Sonepar’s relevant experience, resources, and proven reputation creates a partnership to allow Rockingham to be the best it can be for our associates, customers, and suppliers,” said Jim Pender, Jr., President of Rockingham.
“As a third generation, family-owned business who has deep relationships with our customers, this is a very exciting time for us. Choosing a partner who embodied what we stand for was important. When we looked across our options, we felt Sonepar offered the best cultural fit for our employees as well as great potential to grow business opportunities. Having operated in some of the same New England markets, we know NorthEast Electrical demonstrates a high level of expertise and integrity across all they do.” Jim Pender, Sr., Owner and Chief Executive Officer Rockingham Electrical Supply Company, Inc.
Sonepar (www.sonepar.com/en/) is an independent family-owned company with global market leadership in B-to-B distribution of electrical products, solutions, and related services with a dense network of 100 brands spanning 40 countries. NorthEast Electrical is a full-service electrical distributor that provides electrical products and services to electrical contractors, industrial, OEM, utility, and institutional customers. The company operates strategically located branch locations throughout the six New England States dedicated to providing exceptional customer service to their customers. Since 1998, NorthEast has been a subsidiary of Sonepar USA.
“I’m excited to work with its leadership team and associates on plans for our joint future," said NorthEast Electrical President, Frank Marandino. "Rockingham is a long-standing business with a great culture aligned to ours. Our mutual passion and commitment to deliver products and technical solutions for the long-term success of our customers, associates, and suppliers makes this a great match.”
“The acquisition of Rockingham Electrical will increase our coverage in the Northeast, extending the Sonepar network with valued customers in these new growth areas. We see great potential in both the residential and commercial business segments and look forward to bringing new capabilities to Rockingham’s customers.” Rob Taylor, President Sonepar North America
Originally established in 1935, Bigelow LLC is widely known as the M+A Advisory Boutique that deals exclusively with private Entrepreneur Owner-Managers. Bigelow has a reputation for having a unique understanding of the special requirements of the owner-managed, entrepreneurial operating company in building and ultimately capturing Enterprise Value.