Chinook Capital Advisors represents Utility Supply Group in strategic sale to Rexel USA
Chinook Capital Advisors, a leading M&A advisory firm serving the needs of Pacific Northwest business owners, acted as the exclusive advisor to the owner of Utility Supply Group in its acquisition by Rexel USA.
Located in Kingston, Washington, Utility Supply Group is a leading national supplier of electrical products and components for RV parks, campgrounds, marinas, and manufactured home communities throughout North America. With the acquisition, Rexel USA expands to a new customer market and enables Utility Supply Group to expand distribution and the ability to sell more products to its existing customers.
“The Chinook team performed an exhaustive search to find the ideal partner to accelerate the growth of the company,” said Wade Elliott, former President of Utility Supply Group. “I was extremely pleased with how well Chinook managed the process, making sure I understood every step along the way. I am excited to partner with Rexel; their team shares Utility Supply Group’s core mission of putting our customers and people first.”
“As a niche market leader, it was important to find a partner that shared USG’s passion for serving the needs of the RV park and campground community, which is at a tipping point in terms of accelerated growth over the next several years. Rexel clearly shares this vision and passion – we could not be more excited to find the ideal partner,” added John O’Dore, co-founder of Chinook.
“Utility Supply group has experienced strong, consistent growth for many years, and the partnership with Rexel will allow them to take that growth to another level with a continued commitment to their customers and employees,” added Ed Kirk, co-founder of Chinook.
ABOUT CHINOOK CAPITAL ADVISORS:
Chinook Capital Advisors, based in Kirkland, WA, is a leading M&A advisory firm serving the needs of Pacific Northwest business owners. We help businesses prepare for and execute business ownership transition events.
Our expertise includes sell-side advisory/seller representation services, recapitalizations, advisory board/transaction preparation services, and other services including business valuation and debt advisory. Chinook serves many of the key industries that drive the Pacific Northwest economy, including manufacturing, distribution, business services, technology, healthcare, and consumer.
We welcome inquiries from business owners wanting to discuss business valuation, M&A market updates, or how to build value towards a future exit or recapitalization.
