RICHMOND, VA — Atlantic Electrical Supply Corp., a locally owned wholesale electrical distributor and lighting showroom, has been acquired by DC-based Encompass Supply, Inc. through an asset purchase agreement on December 21, 2021.
The 92-year-old third-generation family business located at 2117 Westwood Ave., now trading as Encompass Supply, Inc., will continue to operate from its current location through the first quarter of 2022.
Encompass Supply, Inc., a privately-held supply and distribution business founded in 2013, is owned by retired Army Colonel Rudy Burwell, and Sean Brooks, a 40-year veteran of the electrical supply industry. Encompass is a minority, service-disabled, veteran-owned, SWaM and Micro Certified small business that has experienced extensive growth over the past few years.
“We believe that the strengths of the two companies will yield important benefits for our customers and suppliers while ensuring continuity of business relationships,” commented Encompass’ president, Rudy Burwell.
Encompass Supply has been involved in numerous federal and state projects including the Smithsonian Air and Space Museum Revitalization, Virginia Commonwealth University Adult Outpatient Pavilion, Virginia Commonwealth University Children’s Hospital Project as well as various state agency maintenance, repair, and operations (MRO) contracts.
Atlantic Electric has specialized in the residential and light commercial segment of the electrical industry servicing electrical contractors, businesses, municipal and state agencies, home builders, and the general public.
“The merging of the two companies will better allow us to grow and adapt in an industry which continues to change,” said Stephen A. Levet, Secretary-Treasurer of Atlantic Electrical Supply.
The owners of Atlantic Electric will continue with Encompass Supply in management positions. Additionally, all key personnel have been retained.
Related news: Atlantic Electric’s building located at 2117 Westwood Ave. which was owned by Hamilton Land Corp., a subsidiary of Atlantic Electrical Supply Corp., was purchased by 2117 Westwood LLC on December 21, 2021.Tagged with acquisition, Atlantic Electrical Supply