Graybar acquires Georgia-based automation company


Graybar acquires Georgia-based automation company Advantage Industrial Automation

Wednesday, Mar 25, 2015

Graybar officials said Tuesday they have entered into an agreement to acquire Advantage Industrial Automation, headquartered in Duluth, Georgia.

Terms of the deal, which is scheduled to close April 1, were not disclosed.

Advantage provides control and automation solutions to industrial users, original equipment manufacturers and system integrators.

St. Louis-based Graybar is a distributor of electrical, communications and data networking products and provider of supply chain management and logistics services. It is employee owned and one of the largest private companies in the region with revenue of $6 billion in 2014.

Advantage will operate as a subsidiary of Graybar, and will continue to operate under the Advantage Industrial Automation name with the same employees, leadership team and suppliers.
Advantage was founded in 1989 and has six locations in the southeastern United States. Its co-founders are CEO Ken Entrekin and President Chip Smith.

“As we focus on growing our industrial business, Advantage brings valuable experience and a strong reputation as a provider of control and automation solutions,” Kathleen Mazzarella, Graybar’s chairman, president and CEO, said in a statement. She said the acquisition is an important step toward accelerating Graybar’s growth and expanding its reach.