In a joint statement, the boards of IMARK Group Inc., Omni Corporate Services Ltd. Inc. and Equity Plumbing LLC announced a merger of the three organizations into one group, thus becoming the only multi-vertical, memberowned and member-controlled marketing group servicing the electrical and plumbing industries.
Effective Jan. 1 2019, IMARK Group will be the new organization’s name. IMARK will operate the respective verticals IMARK Electrical and IMARK Plumbing.
Omni Corporate Services, a leading member-owned group of plumbing and HVAC wholesalers across the United States and Equity Plumbing, formerly privately-held and the largest U.S. plumbing group in terms of membership, will be combining to form the new group’s plumbing vertical, IMARK Plumbing.
IMARK Electrical is the largest marketing group in the U.S. electrical industry and operates a growing organization in Canada. IMARK is a member-owned, member-governed group featuring full transparency to all member/owners. IMARK Electrical is also a member-owner of IMELCO, an international group of electrical wholesale cooperatives across Europe, Russia, Australia, Canada and the United States.
“We are excited about this new organization and the opportunities before us,” said John Aykroyd, current president of Omni Corporate Services and the new president of IMARK Plumbing. “The synergies in our two industries and the convergence of many professional installers in the trades, combined with our collective ability to service them, will be second to none.”
Matt Roos, founder of Equity Plumbing and now executive vice president of IMARK Plumbing and IMARK Electrical, added, “Our experience with the merger of Equity/EDN into IMARK nine years ago enhanced our market presence and proved extremely beneficial to all of our members and suppliers. With consolidation continuing in all market segments, we are confident that this merger will provide cost-effective services and enhanced financial returns for all of our members.”
Bob Smith, president and CEO of the expanded IMARK Group said, “Our member-owned, member-governed model offers our members/owners the clearest and most transparent array of group benefits and opportunities. We grew the electrical vertical based on this value proposition to the market leadership position in the United States and, more recently, internationally through our membership in IMELCO (also member-owned). Joining with Omni Corporate Services Ltd. Inc. and Equity Plumbing LLC, our cohesive philosophies and management strength will serve us well as we continue to grow in a rapidly changing world.”
