Expansion Strategy Crescent Electric has demonstrated growth through strategic acquisitions, exemplified by its recent acquisition of Lowe Electric Supply in Georgia, indicating a willingness to expand its geographic reach and customer base actively.
Technological Adoption The company utilizes a modern tech stack including React, Zendesk Chat, and Google Tag Manager, suggesting potential opportunities to provide advanced digital solutions or integrations to enhance customer engagement and operational efficiency.
Market Position As the eighth largest distributor and second largest privately held company in the US electrical supply sector, Crescent Electric offers a stable platform for selling complementary products or services aimed at established industry leaders.
Leadership Focus The appointment of a Chief Transformation Officer indicates a strategic focus on innovation and operational improvement, signaling opportunities to introduce advanced supply chain, logistics, or consulting services aligned with their transformation goals.
Customer Base & Revenue With revenue estimates between 250 million and 500 million dollars and over 120 locations across multiple states, Crescent Electric presents a substantial regional presence ideal for targeted B2B marketing of electrical supplies and related solutions to expand their procurement capabilities.