Source pursues Southeast roll-up expansion strategy

Arsenal Capital Partners and Source describe a deliberate buy-and-build expansion in the southeastern U.S., citing the recent TP Electrical and Fournier acquisitions as part of building Source into the leading regional service provider, with more acquisitions to come.

“The recent acquisition of TP Electrical and now Fournier demonstrates our commitment to expand Source into the leading service provider in the Southeast and to better serve our valuable national and local customer base. We will continue to review opportunities for further expansion of Source’s national presence and service offering.”

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