Svoboda Capital Partners sells Cape Electrical Supply

Graybar Electric Company Inc has acquired Cape Electrical Supply LLC. Svoboda Capital Partners LLC was the seller. Financial terms weren’t announced. Cape Girardeau, Missouri-based Cape Electrical is a regional distributor serving electrical contractors and large engineering construction firms, as well as industrial, institutional and utility customers. BB&T Capital Markets provided financial advice to Cape Electric.

PRESS RELEASE

Transaction Summary

On July 1, 2016, Cape Electrical Supply LLC (“Cape Electric”), a portfolio company of Svoboda Capital Partners LLC, was acquired by Graybar Electric Company, Inc. (“Graybar”). BB&T Capital Markets served as the exclusive financial advisor to Cape Electric.

About the Companies

Cape Electrical Supply LLCwww.capeelectric.com

Headquartered in Cape Girardeau, Missouri, Cape Electric is a regional distributor serving electrical contractors and large engineering construction firms, as well as industrial, institutional and utility customers. Cape Electric was founded in 1953 and produced revenue of approximately $126 million in 2015 through its 17 locations in the central United States.

Svoboda Capital Partnerswww.svoco.com

Svoboda Capital Partners LLC is a Chicago-based private equity firm with over $350 million of capital under management. Founded in 1998, SC identifies, invests in and helps build excellent businesses in its targeted business niches: business services, value-added distribution, and consumer products. SC typically makes investments in companies with enterprise values up to $150 million.

Graybarwww.graybar.com

Graybar, a Fortune 500 corporation and one of the largest employee-owned companies in North America, is a leader in the distribution of high quality electrical, communications and data networking products, and specializes in related supply chain management and logistics services. Through its network of more than 260 North American distribution facilities, Graybar stocks and sells products from thousands of manufacturers, helping its customers power, network and secure their facilities with speed, intelligence and efficiency.