Group CBS Acquires Select Assets of Diversified Electrical Services
Group CBS, Inc. has announced its recent acquisition of selected assets of Diversified Electric Services, Inc. of Seymour, Connecticut. Diversified (DES) was a full-service electrical equipment supply, repair, and field service company serving utility, industrial and commercial customers in the Northeast region. Circuit Breaker Sales NE, Inc. will merge these assets with its existing resources to serve customers in the Northeast and Mid-Atlantic regions.
“DES has 22 years of market presence, a staff of more than 30, and has been a local leader in the Northeast electrical marketplace,” said Bill Schofield, Vice President of Group CBS, Inc.
Tim Kelly and Lou Lavorgna, who have served Northeast electrical customers for more than 20 years, the last several years as part of Group CBS, will help lead the new organization.
Group CBS had interests in numerous electrical supply, service, and engineering companies throughout the West and South. With the formation of CBS Northeast and this significant investment, Group CBS now has brick-and-mortar facilities and a strong platform to better serve and grow its customer base.
“We expect more acquisitions will follow as Group CBS continues to implement its aggressive national growth strategy,” added Schofield.
Headquartered in Addison, Texas, Group CBS has affiliated companies throughout the U.S. and an affiliate in the U.K.
