PNC Riverarch Capital has acquired a controlling interest in North American Breaker Co, a reseller of circuit breakers and related electrical components dedicated to “need-it-now” product solutions for wholesale electrical distributors.
NXT Capital and NABCO management have co-invested alongside PNC Riverarch Capital.
Founded in 1996, NABCO serves more than 3,000 wholesale distributors, enabling them to offer end customers a comprehensive line of circuit breakers and related products. The company carries more than 10,000 distinct product offerings and emphasises difficult-to-source products not regularly stocked by traditional distributors. NABCO is headquartered in Burbank, California, and services customers out of nine inventory-equipped warehouse locations, enabling next-day delivery throughout the US and Canada.
“Through a solutions-oriented approach that emphasises product availability, rapid response time and outstanding customer service, NABCO has built a strong reputation and is well-positioned for continued growth,” says Michael Rost, managing director of PNC Riverarch Capital. “We were particularly attracted to NABCO’s strong leadership team, unique value proposition and demonstrated ability to serve the branch networks of leading wholesale distributors throughout North America.”
