NEFCO Expands Reach with Acquisition of Total Tool Supply
St. Paul-based Total Tool Supply has been acquired by NEFCO, a specialty supply partner to the professional construction trades.
It is the largest acquisition made by NEFCO to date. The company has made 10 acquisitions since 2022, and the addition of Total Tool Supply was the fourth in 2024.
Total Tool has 325 employees and operates 16 locations across eight states, including Minnesota, Wisconsin, Kansas, Indiana, Kentucky, Iowa, Nebraska, and Colorado.
“We are incredibly grateful to Andy Jordan for choosing NEFCO as the partner-of-choice for Total Tool.,” said Matthew Gelles, NEFCO’s president & CEO. “We’re excited to partner with such a respected company, known for its talent, integrity, commitment to customer service, and family-oriented culture.”
He noted that Total Tool’s focus on Mechanical, Electrical, and Plumbing (MEP) contractors, as well as tools, safety, and contractor supplies, aligns seamlessly with NEFCO.
“We’re looking forward to bringing our SHARP expertise, extensive product offerings, and value-added prefabrication and engineering services to Total Tool’s customers,” Gelles said.
With the addition of Total Tool's 14 branch locations and two distribution centers, NEFCO has expanded its reach to 59 locations across 28 states, enhancing its ability to provide next day jobsite delivery to contractors nationwide.
“After nearly 48 years, Total Tool is excited to start this next chapter with NEFCO,” Andy Jordan, president at Total Tool. “Throughout Total Tool’s history, our customers, employees, and vendors have always been at the heart of every decision we make, and this partnership is no exception.”
He said uniting with NEFCO creates opportunities for overall growth and advancement for Total Tool’s employees and expansion of the company’s footprint, products, and services to better serve customers.
Gelles emphasized the strategic significance of the acquisition.
“Three years ago, NEFCO celebrated its 40th anniversary by setting a bold vision to serve contractors at every jobsite across America,” Gelles said. “At that time, we were active in only about 25% of the U.S. construction market, with 13 locations along the eastern seaboard.”
Today, he said NEFCO, thanks in part to the acquisition of Total Tool, NEFCO has locations in over 60% of the construction market nationwide.
“While we’ve made tremendous strides, we still believe we are just beginning our journey of growth at NEFCO,” Gelle said.
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