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Key people at Nefco.
Nefco is a comprehensive construction supply company, providing jobsite-ready supplies and tools. It maintains a deep in-stock selection, prioritizing next-day delivery and leveraging extensive trade expertise. The company warehouses and distributes diverse construction products, ensuring contractors efficiently receive essential materials for various projects.
Nefco’s origins trace to 1981 when David Gelles, with his father Gerry Gelles, acquired a small fasteners distributor in East Hartford, Connecticut. This strategic acquisition laid the groundwork for its expansion, understanding the construction sector's critical demand for reliable product distribution and consistent material availability.
The company serves commercial contractor trades, supplying a broad catalog of construction products. Nefco’s vision centers on remaining a leading and dependable partner in the supply chain, consistently delivering wide inventory and optimized logistics. This approach streamlines procurement for its clientele, supporting successful project execution.
Key people at Nefco.
Nefco has 1 tracked investment across 1 company. The latest tracked deal is $30.3M Series C in Norsepower Oy in March 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 28, 2023 | Norsepower Oy | $30.3M Series C | Youssef Belatar | Paula Laine, Ogci Climate Investments, Tesi, VNT Management |