EIS, LLC Announces Acquisition of Pyramid Wire & Insulation
Atlanta, GA— October 5th, 2021
EIS Legacy, LLC (“EIS”) today announced the acquisition of Pyramid Wire & Insulation, an electrical solutions distributor headquartered in Germantown, Wisconsin. This is the second acquisition EIS has completed under Audax ownership, following their purchase of Midpoint Bearing earlier in October 2021.
EIS is a leading value-added distributor of material and supply chain solutions in North America, supporting critical infrastructure including power generation, renewable energy, and electric vehicle charging. Their technical expertise and deep supplier partnerships make them a vital, embedded partner in the manufacturing and supply chain processes of their customers.
Pyramid Wire & Insulation, founded by Sean Dwyer, Steve Wienckowski and Jeff Madisen, has worked diligently to establish a reputation as one of the most customer-centric and high-quality distributors in the country, focusing on the Midwestern region and serving local manufacturers with a best-in-class customer experience.
“Pyramid is a tremendous complement to our distribution and fabrication services, demonstrating how a strong commitment to customer-centricity leads to mutual growth and success. We’re thrilled to have Pyramid join the EIS team,” said Glenn Pennycook, CEO of EIS.
Sean Dwyer, President of Pyramid Wire & Insulation, added, “EIS is known throughout our market for their technical expertise and commitment to this industry. This partnership will create a tremendous opportunity for our team and for our customers to join an organization with 75 years of service and success.”