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East Hartford-based NEFCO, a family-owned and operated construction supply company, is expanding its reach to the Midwest with the acquisition of Jiffy Fastening Systems, the company announced Wednesday.
NEFCO’s purchase of the Lexington, Kentucky-based company marks its sixth acquisition since 2017.
Jiffy, founded in 1967, supplies products to mechanical, electrical, plumbing and HVAC contractors throughout Kentucky, Ohio and Indiana, including Sharp products and power tools. In addition to its headquarters in Lexington, the company has branches in Louisville, Kentucky and Cincinnati, Ohio.
The acquisition furthers NEFCO’s “commitment to be the national leader” in Sharp products, according to NEFCO President & CEO Matthew Gelles.
“Through this partnership, NEFCO will expand its presence into the Midwest and service contractors in Kentucky, Ohio, Indiana, Tennessee and West Virginia,” Gelles said.
Jiffy is led by three brothers, who will continue in their roles, the announcement says.
NEFCO has 16 locations along the East Coast and provides products and services to contractors stretching from Maine to Florida.
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