{"id":58606,"date":"2023-08-22T12:18:35","date_gmt":"2023-08-22T19:18:35","guid":{"rendered":"https:\/\/electricalnews.com\/?p=58606"},"modified":"2023-08-23T12:38:51","modified_gmt":"2023-08-23T19:38:51","slug":"border-states-acquires-sequel-electrical-supply","status":"publish","type":"post","link":"https:\/\/electricalnews.com\/border-states-acquires-sequel-electrical-supply\/","title":{"rendered":"Border States Acquires Sequel Electrical Supply\u00a0<\/strong>"},"content":{"rendered":"\n

FARGO, ND – Border States, a 100% employee-owned company, announced it has reached an agreement to purchase Sequel Electrical Supply, LLC, headquartered in Meridian, Mississippi. <\/p>\n\n\n\n

Sequel was founded in 2004 as a single location in Greenwood, Mississippi, under the name of Dixie Supply. Today, the company operates in 18 locations across Louisiana, Mississippi, Alabama and Florida. Lee Moseley, President, leads the organization and the 220-plus employees, primarily serving the construction and industrial markets. Under Lee\u2019s leadership, Sequel has become a leading electrical distribution company in the region. <\/p>\n\n\n\n

\u201cWe have an incredibly talented, dedicated group of employees \u2014 the move to join Border States places each of them in a position to enjoy the rewards of employee-ownership,\u201d said Moseley. \u201cBeing part of an American employee-owned-and-operated company was part of our plan and important to our team, Border States has a reputation of being a successful Employee Stock Ownership Plan and a place employee-owners can build a career and develop professionally \u2014 this is a great fit for Sequel.\u201d   <\/p>\n\n\n\n

Sequel\u2019s geographic coverage is strategically appealing to Border States; the acquisition adds four states in the economically growing Eastern U.S. Gulf Coast while creating no overlap with its current 25-state footprint. <\/p>\n\n\n\n

\u201cThey have built an impressive distribution company in the Eastern U.S. Gulf Coast,\u201d said David White, Border States\u2019 CEO. \u201cSequel is the right geographic addition for our footprint; the potential for growth is clearly present. The Sequel team is well respected, driven for success and focused on customer service. We are excited to welcome them to our 100% employee-owned company.\u201d  <\/p>\n\n\n\n

 Border States supplies products and services to construction, industrial and utility customers.. Corporate headquarters are located in Fargo, North Dakota.<\/p>\n\n\n\n

For more information on Border States, please visit: https:\/\/www.borderstates.com<\/a>.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"

FARGO, ND – Border States, a 100% employee-owned company, announced it has reached an agreement to purchase Sequel Electrical Supply, LLC, headquartered in Meridian, Mississippi. <\/p>\n","protected":false},"author":53,"featured_media":58607,"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":[486],"tags":[],"class_list":["post-58606","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-central-news"],"yoast_head":"\nBorder States Acquires Sequel Electrical Supply\u00a0 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