Border States
The Firm
It is the rare buyer on this shelf whose pitch to a seller is about what happens to the staff. Its own acquisitions page tells an owner that their customers keep working with the people they know and trust, and that the team becomes part of a 100 percent employee-owned company, which is a different offer from the one a sponsor makes.
What it publishes about criteria is soft: shared values, strong customer relationships, local reputation, commitment to service, industry expertise and a growth mindset, with no size, no revenue floor and no geography. A seller reading that page learns what the buyer likes and not whether their business is big enough to interest it.
One practical note for anyone trying to read it. The main host answers an automated reader with a bot wall, and both the acquisitions page and the news index are reachable only on the solutions subdomain, which is where the sources below sit.
What It Buys
Fargo, North Dakota. A 100 percent employee-owned electrical distributor that buys family-owned supply houses and turns their staff into employee-owners, keeping the branches and the people where they are.
Selling to them one day, or watching them as the other bidder? Track them in the Contact Book so the relationship has a next-touch date.
Confirmed Deals
2 deals traced to announcements by Border States, 2024 to 2026, newest first. Firms that announce every deal show a fuller run here than firms that report acquisitions as quarterly counts, so read this as the evidence that clears the bar rather than as the firm's whole record.
- WEDCO · February 11, 2026
A 100 percent employee-owned Nevada electrical distributor founded in 1950, with 73 employee-owners across four branches.
- Dominion Electric Supply Company · March 21, 2024
A family-owned mid-Atlantic electrical distributor established in 1940, with nine branches and more than 300 employees.