ProBility Acquires National Electrical Wholesale Providers

ProBility Media acquired National Electrical Wholesale Providers (NEWP), a distributor of training materials for HVAC, plumbing, and electrical, for $560,000. The acquisition is synergistic with ProBility's existing Brown Technical Media customers.

“National Electrical Wholesale Providers Glen Falls, NY • One of the largest retailers of national electrical codes in the US with unique published content selling to large electrical wholesalers • Synergistic to Brown’s customers • Price $560,000; 0.35x Revenue multiple • Cash $50,000, Nine - Month Note $50,000 • Stock 645,000 Shares • Legacy Revenue $1.56mln; Projected $3mln in 2020”

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