{"id":52017,"date":"2019-08-01T08:31:20","date_gmt":"2019-08-01T15:31:20","guid":{"rendered":"https:\/\/electricalnews.com\/?p=52017"},"modified":"2019-08-01T08:31:22","modified_gmt":"2019-08-01T15:31:22","slug":"omnicable-enters-into-an-agreement-to-be-acquired-by-dot-family-holdings","status":"publish","type":"post","link":"https:\/\/electricalnews.com\/omnicable-enters-into-an-agreement-to-be-acquired-by-dot-family-holdings\/","title":{"rendered":"OmniCable Enters into an Agreement to be Acquired by Dot Family Holdings"},"content":{"rendered":"\n<div style=\"height:80px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter is-resized\"><a href=\"https:\/\/i0.wp.com\/electricalnews.com\/wp-content\/uploads\/2019\/08\/Dot_Omni.jpg?ssl=1\"><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/electricalnews.com\/wp-content\/uploads\/2019\/08\/Dot_Omni.jpg?resize=600%2C300&#038;ssl=1\" alt=\"OmniCable Enters into an Agreement to be Acquired by Dot Family Holdings\" class=\"wp-image-52018\" width=\"600\" height=\"300\" srcset=\"https:\/\/i0.wp.com\/electricalnews.com\/wp-content\/uploads\/2019\/08\/Dot_Omni.jpg?w=600&amp;ssl=1 600w, https:\/\/i0.wp.com\/electricalnews.com\/wp-content\/uploads\/2019\/08\/Dot_Omni.jpg?resize=300%2C150&amp;ssl=1 300w, https:\/\/i0.wp.com\/electricalnews.com\/wp-content\/uploads\/2019\/08\/Dot_Omni.jpg?resize=315%2C157&amp;ssl=1 315w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/a><\/figure><\/div>\n\n\n\n<div style=\"height:80px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Omni Cable Corporation headquartered in West Chester, PA, is proud to announce 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.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>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\u2019s 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\u2019s core values, redistribution, our logistics expertise, and unyielding pursuit of perfection to service OmniCable\u2019s customers.&nbsp; &nbsp;<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>\u201cAfter 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,\u201d said Siegfried. \u201cDFH and Dot Foods share our passion for customer service and the respect for the distribution channel that is so important to our business,\u201d he added.&nbsp;<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>\u201cWe are very excited to add OmniCable to our Dot Family Holdings portfolio of companies,\u201d said John Tracy, DFH Chairman and CEO. \u201cOmniCable has a record of success and a strong foundation of values that align with ours. We look forward to OmniCable\u2019s continued growth and the shared learning we know will come from this new relationship.\u201d&nbsp;<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>The transaction is expected to close in a month following the fulfillment of specific closing requirements. As stated in the agreement with DHC\u2019s subsidiary, OmniCable will continue to operate as usual with no changes to the company\u2019s 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.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>For more information about OmniCable, please visit: <a href=\"http:\/\/www.omnicable.com\">omnicable.com<\/a>.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>For more information about DFH, please visit: <a href=\"http:\/\/www.dotfamilyholdings.com\">dotfamilyholdings.com<\/a>.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Omni Cable Corporation headquartered in West Chester, PA, is proud to announce that it has signed an agreement to be acquired by a subsidiary of<\/p>\n","protected":false},"author":53,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_cbd_carousel_blocks":"[]","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2941],"tags":[],"class_list":["post-52017","post","type-post","status-publish","format-standard","hentry","category-national"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.9 (Yoast SEO v24.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>OmniCable Enters into an Agreement to be Acquired by Dot Family Holdings -<\/title>\n<meta name=\"description\" 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