Announcements Kendall Electric, Inc. Acquires Fitzpatrick Electric Supply Company 03.23.01 Fitzpatrick Electric Supply Company (“Fitzpatrick”), the leading Rockwell Automation Allen-Bradley Distributor in western Michigan, was acquired by Kendall Electric, Inc. (“Kendall”), on March 23, 2001. Kendall acquired Fitzpatrick to consolidate market share in Michigan where Kendall controls the distribution of Allen-Bradley products for south-central Michigan. Duff & Phelps, LLC, a Chicago-based investment banking and financial advisory firm, initiated the transaction, assisted in negotiations, and served as financial advisor to Fitzpatrick. In preparation for the sale of Fitzpatrick, Duff & Phelps sold two of the divisions of Fitzpatrick, which included Wittock Supply Company and Kurz Electrical Supply Company (“Kurz”). The Kurz transaction was completed with the management team, while Wittock Supply Company was acquired by Standard Electric Company.