Communications Supply Corp. (CSC), Stamford, Conn., purchased Diversified Wire & Cable Technologies, Inc., Troy, Mich. Terms of the deal were not disclosed. The acquisition of Diversified adds approximately $22.3 million in annual sales and several new locations to CSC's portfolio. In addition to its Troy headquarters, Diversified has locations in Nashville, Tenn.; and York, Pa. The acquisition expands CSC's operations to 19 locations throughout the U.S.

Dean Stanton, founder of Diversified, will lead the transition into the CSC fold. Jim Berger, one of Diversified's owners and sales manager, will be branch general manager for the Troy operation. Jeff Flint will continue as branch manager in Nashville, Tenn. Key members of the Diversified management and sales team will remain in place and own an equity interest in CSC along with other key CSC management.

Want to use this article? Click here for options!
© 2007 Penton Media, Inc.