March, 2024. Peakstone served as exclusive M&A advisor to Electrical Wholesale Supply in connection with its sale to Ideal Supply, a subsidiary of Deschenes Group.

Electrical Wholesale Supply (“EWS”) is a leading distributor of electrical equipment in the Windsor, Ontario region. Founded in 1991, EWS supplies a variety of contractors and businesses in the region by leveraging its knowledgeable staff with close partner and community relationships.

Ideal Supply founded in 1926, is an Ontario electric supply distributor and NAPA’s largest independent auto parts distributor. The acquisition of EWS expands Ideal Supply’s geographic footprint to the Windsor and Leamington, Ontario region.

Dave Austin, Founder and President of EWS said “To come to the conclusion that it is time to sell a company is not an easy decision. In doing my research I was led to believe that Peakstone was the best asset to enlist in this process. I will tell you that all of my research proved correct, they were by far the best choice. I was blessed with Tim, Steve, and Connor on my project who walked with me every step of the way in the process from beginning to end. They were beyond professional and beyond thorough and gave me all of the assistance I needed; without a doubt I would call upon them again in the future.”

Terms of the transaction were not disclosed.

For additional information please contact:

Steve Royko, Managing Director, sroyko@peakstone.com

Tim Trela, Managing Director, ttrela@peakstone.com

About Peakstone

Peakstone is a leading investment bank that specializes in mergers and acquisitions, advisory, and capital raising for middle market clients. Our team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com. To receive investment and proprietary acquisition opportunities, please register at www.peakzone.com.