NEFCO acquires Jiffy Fastening Systems
NEFCO has completed the acquisition of Jiffy Fastening Systems Inc., headquartered in Lexington, Kentucky.
This is NEFCO’s 6th acquisition since 2017.
Founded in 1967, Jiffy supplies a large breadth of product to mechanical, electrical, plumbing and HVAC contractors throughout Kentucky, Ohio, and Indiana. Jiffy serves customers out of three branches located in Lexington and Louisville, Kentucky, and Cincinnati, Ohio.
“Jiffy is one of the best SHARP suppliers in the Kentucky and Ohio market and we are excited to join forces. The acquisition of Jiffy furthers our commitment to be the national leader in SHARP products as we continue to execute on our vision to partner with contractors across every jobsite in America. Through this partnership, NEFCO will expand its presence into the Midwest and service contractors in Kentucky, Ohio, Indiana, Tennessee, and West Virginia,” said Matthew Gelles , NEFCO president and CEO. “Jiffy has been fortunate to have the exceptional leadership of the DeMoss brothers and we are excited to welcome Jeff, Kevin, and Steve DeMoss to the NEFCO family. All three brothers will continue to lead the Jiffy business and we look forward to working with them for many years to come”.
“The folks at Jiffy Fastening Systems, Inc./Bluegrass Tool Warehouse Inc. could not be more excited to join forces with the NEFCO family,” said the DeMoss brothers. “NEFCO is also a family business with a huge footprint on the east coast, stretching from Maine to Florida. Both families share the same core values of taking care of family, employees who are extended family, and customers who are treated like family. Couple these values with the added bonus of going to market in the same way with the exact same product mix (SHARP) and this is a perfect match. We are very excited to join the NEFCO team.”
Based in East Hartford, Connecticut, NEFCO is a family run construction supply company.
INDUSTRIAL SUPPLY MAGAZINE
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