How Much Did HOLT Electrical Supply Raise?
Funding & Key Investors

HOLT Electrical Supply has secured $614K in total capital, with a recent strategic investment of $264K marking a significant milestone. This major enterprise-level funding underscores the company's robust position in the electrical distribution market and its strategic growth trajectory.

What is HOLT Electrical Supply?

HOLT Electrical Supply
RetailHome Improvement & Hardware Retail

HOLT Electrical Supply, formerly Echo Electric, is a prominent full-line electrical distributor headquartered in the Midwest. Serving a wide array of clients including contractors, industrial customers, and institutions across multiple states, the company has a rich history dating back to its founding as a family-owned operation in 1950. HOLT Electrical Supply offers a comprehensive product portfolio encompassing wire and cable, conduit and raceway, power distribution, lighting, control and automation, EV charging, solar products, and safety equipment. The company operates over 60 branch locations, supported by more than 1,300 associates. Its value-added services include panel and switchboard assembly, control panel design, cable management, and advanced digital e-commerce solutions. As a subsidiary of Sonepar, the global leader in B2B electrical equipment distribution, HOLT Electrical Supply is integrated into Sonepar's expanding Midwest network, a move solidified by a strategic consolidation and rebrand in 2026.

How much funding has HOLT Electrical Supply raised?

HOLT Electrical Supply has raised a total of $614K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$264K

Debt (2020): $350K with participation from PPP

Debt (2021): $264K led by PPP

Key Investors in HOLT Electrical Supply

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for HOLT Electrical Supply?

The recent major strategic investment signals a new phase of expansion and operational enhancement for HOLT Electrical Supply. This capital infusion is expected to fuel further integration within Sonepar's network, potentially leading to expanded service offerings, technological advancements in digital solutions, and broader market penetration across its established territories. The company's focus on critical infrastructure components and emerging sectors like EV charging and solar positions it for sustained growth in an evolving energy landscape. Strategic capital allocation will likely prioritize enhancing supply chain efficiencies and bolstering its e-commerce platform to meet increasing customer demands.

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Frequently Asked Questions Regarding HOLT Electrical Supply Financial Insights

What are the most recent funding rounds that HOLT Electrical Supply has completed, and what were the funding rounds?
HOLT Electrical Supply has recently completed 2 funding rounds: Debt on Mar 6, 2021, Debt on Apr 4, 2020.
What is the total amount of funding HOLT Electrical Supply has raised to date?
HOLT Electrical Supply has raised a total of $614K in funding to date.
How many funding rounds has HOLT Electrical Supply completed?
HOLT Electrical Supply has completed 2 funding rounds.
How much funding did HOLT Electrical Supply raise in its most recent funding round?
HOLT Electrical Supply raised $264K in its most recent funding round.
Who are the lead investors in HOLT Electrical Supply's latest funding round?
The lead investor in HOLT Electrical Supply's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in HOLT Electrical Supply's history?
The largest funding round in HOLT Electrical Supply's history was $350K.
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