Communications Supply Corporation Acquires Liberty Wire & Cable
May 16, 2006 10:23 AM
Communications Supply Corporation (CSC) announced it recently completed the acquisition of Liberty Wire & Cable (Liberty). Liberty, based in Colorado Springs, Colo., is one of the industry’s leading providers of connectivity and infrastructure products to both the residential and commercial professional audio video markets. The acquisition gives CSC a strong global platform within the burgeoning residential and commercial audio, video and broadcast market segments—rounding out a complete product portfolio that supports network convergence, voice, data, security, and now audio and video solutions. This transaction brings the number of CSC full-service branch locations across the United States to 32. Liberty distribution centers in Colorado and North Carolina will continue to service Liberty customers globally.
Liberty, led by Andy Bergdoll, president and general manager, will continue to operate under its current management team. Mr. Bergdoll and the Liberty management team have made a significant equity investment in CSC. “I am very bullish about the future growth opportunities for the Liberty Team as we provide their outstanding sales organization access to the CSC nationwide distribution network,” explains Steve Riordan, president and CEO of CSC.
“Both CSC and Liberty share the same passion for providing world-class customer service while also maintaining highly spirited and entrepreneurial cultures,” says Andy Bergdoll. “Our customers will continue to be supported by the same highly motivated and customer focused team they’ve grown to depend on with the added national resources that CSC provides. The combination of CSC and Liberty will enhance our collective ability to expand our market share within our core segments.”