Canadian Electrical Wholesaler

July 29, 2018

Omni Cable Corporation, headquartered in West Chester, PA, hs announced that it has signed an agreement to be acquired by a subsidiary of Dot Holdings Co (DHC), which is owned by Dot Family Holdings (DFH), and join its portfolio of companies.

DFH is focused exclusively on acquiring leading middle-market distribution companies with a special interest in master/two-step distribution and any national distribution models. DFH’s approach to acquiring and holding companies for the long term and investing for growth made them an ideal partner for OmniCable. Jeff Siegfried, OmniCable Chairman and CEO, said that DFH understands OmniCable’s core values, redistribution, our logistics expertise, and unyielding pursuit of perfection to service OmniCable’s customers.  

“After a thoughtful and diligent process, we are fortunate to enter into an agreement with DFH, an investment arm of the Tracy family, the founders and owners of Dot Foods. Dot Foods is one of the largest and most trusted names in redistribution,” said Siegfried. “DFH and Dot Foods share our passion for customer service and the respect for the distribution channel that is so important to our business,” he added.

“We are very excited to add OmniCable to our Dot Family Holdings portfolio of companies,” said John Tracy, DFH Chairman and CEO. “OmniCable has a record of success and a strong foundation of values that align with ours. We look forward to OmniCable’s continued growth and the shared learning we know will come from this new relationship.”

The transaction is expected to close in a month following the fulfillment of specific closing requirements. As stated in the agreement with DHC’s subsidiary, OmniCable will continue to operate as usual with no changes to the company’s organizational structure, products, services, and mission. OmniCable continues to be the premier redistributor of wire and cable, electrical products, and value-added services for electrical distributors in the United States and Canada.

For more information about OmniCable, please visit omnicable.com.
For more information about DFH, please visit dotfamilyholdings.com.

National Investment in Building ConstructionTotal investment in building construction increased 2.2% in May to $15.2 billion. Gains in the residential sector (+2.8% to $10.4 billion) led the increase, while the non-residential sector edged up 0.9% to $4.8 billion. On a constant dollar basis (2012=100), investment in building construction rose 1.8% to $12.7 billion.

Gap in investment between multi-unit and single-unit dwellings continues to grow

Investment in multi-unit dwellings rose 7.6% in May to $5.5 billion, while investment in single-unit dwellings declined 2.2% to $4.9 billion.

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AztecAztec Electrical Supply is one of the most dynamic, fastest growing electrical and automation distributors in Canada. The supplier has four Ontario locations, in Concord, Cambridge, Burlington and Mississauga.

They specialize in supplying quality automation and electrical products to electrical contractors, manufacturing plants, OEMs and custom machine builders. Their comprehensive inventory includes electrical and pneumatic products for breakdowns and emergencies, as well as everyday contractor and MRO requirements. They also work closely with their partners to source specialty products that may be required for major projects.

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House of ElectricalHouse of Electrical Supplies is a distribution company that specializes in ‘service’. They go beyond what a standard supplier provides, not just with knowledgeable employees, but with a compliment of support services.

From small construction to sophisticated industrial projects, House of Electrical stocks electrical supplies for a wide range of applications. For over 30 years, they have been servicing clients in the industrial, OEM, entertainment and construction markets across the greater metropolitan Toronto area. Their product solutions range from electrical, automation, safety, lighting and portable power distribution.

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