Grove Electric & Lighting Supply Reports Nearly 100% Revenue Growth in Q1 2025

GROVE, Okla., April 12, 2025 (Newswire.com) - Grove Electric & Lighting Supply has announced an exceptional start to the year, reporting a 98.6% increase in revenue for the first quarter of 2025 compared to the same period in 2024. This nearly twofold year-over-year growth underscores the company's continued expansion and its strengthened position within the electrical and lighting supply industry.

Each month of the first quarter delivered strong performance, with January up 64%, February up 140%, and March up nearly 86% over the prior year. These results reflect both the loyalty of Grove Electric's customers and the momentum created by strategic improvements across operations, inventory, and customer service.

"Our first quarter performance validates the operational focus and customer-first mindset that Grove is known for," said Tim Williams, Manager of Grove Electric & Lighting Supply. "We're grateful to our loyal customers and energized by the direction we're heading."

Paul Scribner, CEO of Raven Resources Corp., added, "Grove Electric's strong start to 2025 is a reflection of sound strategy, disciplined execution, and a team that consistently delivers. We are confident this momentum will carry forward throughout the year."

Following its acquisition by Raven Resources Corp. in late 2024, Grove Electric has benefited from increased support in financial strategy, operations, and growth planning. This partnership continues to yield strong results and signals a promising year ahead.

About Grove Electric & Lighting Supply

Founded over 27 years ago, Grove Electric & Lighting Supply is a trusted provider of residential, commercial, and industrial electrical products. Known for its customer service and deep local relationships, Grove remains committed to offering dependable solutions and expert support. For more information, please visit www.grove-electric.com.

About Raven Resources Corp.

Raven Resources Corp. is a diversified investment and asset management firm focused on real estate, private credit, structured finance, and strategic equity investments. With a disciplined approach to capital deployment, Raven Resources partners with high-growth businesses, hospitality ventures, and entertainment initiatives to drive long-term value creation. The company's portfolio includes structured financial instruments, land development, and investment in brand-driven entertainment projects. Committed to financial stability and innovation, Raven Resources continues to expand its footprint through strategic partnerships, asset acquisitions, and market-driven investment strategies.

Raven Resources Corp. Reviews Additional Investment Opportunities for Strategic Expansion

March 25, 2025

Dallas, TX – March 25, 2025 – Raven Resources Corp. continues to assess and review strategic investment opportunities across multiple asset classes, ensuring alignment with its long-term growth strategy.

The company is actively exploring investments that enhance its real estate, private credit, and entertainment portfolios, with a focus on high-growth markets and innovative asset structures.

"Raven is consistently evaluating opportunities that align with our vision for sustainable and scalable growth," said Steve Kelly, President of Raven Resources Corp. "We are focused on identifying investments that provide strong risk-adjusted returns while strengthening our overall asset base."

This initiative reflects Raven’s commitment to expanding its investment footprint while maintaining disciplined capital deployment.

About Raven Resources Corp.

Raven Resources Corp. is a diversified investment and asset management firm focused on real estate, private credit, structured finance, and strategic equity investments. With a disciplined approach to capital deployment, Raven Resources partners with high-growth businesses, hospitality ventures, and entertainment initiatives to drive long-term value creation. The company’s portfolio includes structured financial instruments, land development, and investment in brand-driven entertainment projects. Committed to financial stability and innovation, Raven Resources continues to expand its footprint through strategic partnerships, asset acquisitions, and market-driven investment strategies.

Media Contact

Kelly Delp
kdelp@rvn.rs
(214) 865-9083

Grove Electrical & Lighting Supply Reports Record Revenue Growth in Early 2025

March 7, 2025

Grove, OK - March 7, 2025 - Grove Electrical & Lighting Supply, a leading provider of electrical and lighting solutions, has announced outstanding revenue growth for the beginning of 2025, setting the stage for the best year in the company’s 27-year history.

For the month ending January 2025, Grove Electrical & Lighting Supply reported a 64% increase in revenue compared to the same period last year. The company’s momentum accelerated further in February 2025, achieving an impressive 140% year-over-year revenue growth.

With this strong start, year-to-date revenue figures indicate that Grove Electrical & Lighting Supply is on track to achieve a 60% overall growth in 2025. If sustained, this would mark the highest annual revenue increase since the company’s founding.

“We are thrilled to see such significant growth early in the year,” said Paul Scribner, CEO of Raven Resources Corp. “These results reflect our commitment to delivering high-quality products and exceptional service to our customers. Our continued expansion is a testament to the trust and support of our clients and partners.”

Grove Electrical & Lighting Supply attributes its success to strategic business initiatives, a strong market demand, and a dedication to innovation in the electrical and lighting industry. The company remains focused on maintaining this momentum throughout 2025.

About Raven Resources Corp.

Raven Resources Corp. is a diversified investment and asset management firm focused on real estate, private credit, structured finance, and strategic equity investments. With a disciplined approach to capital deployment, Raven Resources partners with high-growth businesses, hospitality ventures, and entertainment initiatives to drive long-term value creation. The company’s portfolio includes structured financial instruments, land development, and investment in brand-driven entertainment projects. Committed to financial stability and innovation, Raven Resources continues to expand its footprint through strategic partnerships, asset acquisitions, and market-driven investment strategies.

About Grove Electric & Lighting Supply

Grove Electric & Lighting Supply is a leading provider of electrical and lighting products in Grove, Oklahoma. With a commitment to quality and customer satisfaction, the company offers a wide range of solutions for residential, commercial, and industrial needs. For more information about Grove Electric & Lighting Supply and their products, please visit www.grove-electric.com.

Media Contact:

Kelly Delp
kdelp@rvn.rs
(214) 865-9083

Raven Resources Corp. Restructures Corporate Subsidiaries for Strategic Growth

March 1, 2025

Dallas, TX – March 1, 2025 – In a move to enhance operational efficiency and align with strategic objectives, Raven Resources Corp. has restructured its corporate subsidiaries. The consolidation streamlines the company’s holdings, positioning it for future expansion in real estate, construction, and private credit investments.

The restructuring effort is part of Raven’s broader initiative to optimize its investment platform, improve corporate governance, and enhance financial management. By refining its subsidiary structure, the company aims to increase operational agility and maximize shareholder value.

Paul Scribner, CEO, said: "Our corporate structure is evolving to better serve our long-term objectives. This realignment ensures that we remain adaptable and well-positioned for growth in our key investment sectors."

The updated structure reflects Raven’s commitment to efficiency and transparency, reinforcing its ability to capitalize on market opportunities.

About Raven Resources Corp.

Raven Resources Corp. is a diversified investment and asset management firm focused on real estate, private credit, structured finance, and strategic equity investments. With a disciplined approach to capital deployment, Raven Resources partners with high-growth businesses, hospitality ventures, and entertainment initiatives to drive long-term value creation. The company’s portfolio includes structured financial instruments, land development, and investment in brand-driven entertainment projects. Committed to financial stability and innovation, Raven Resources continues to expand its footprint through strategic partnerships, asset acquisitions, and market-driven investment strategies.

Media Contact:

Kelly Delp
kdelp@rvn.rs
(214) 865-9083

Kelly Delp Appointed Chief Communications Officer at Raven Resources Corp.

March 1, 2025

Dallas, TX – March 1, 2025 – Raven Resources Corp. is pleased to announce the appointment of Kelly Delp as Chief Communications Officer, where she will lead the company’s global communications strategy across internal, external, and executive channels. 

Kelly is an experienced communications consultant with a strong track record of advising senior executives and leadership teams across Europe and North America. She specializes in helping organizations clarify their messaging, enhance their leadership voice, and build trust through strategic, transparent communication. 

Her work spans corporate storytelling, media strategy, executive coaching, and content development. Known for her insight, clarity, and creativity, Kelly has worked with leaders across industries to align communication with organizational priorities and brand positioning. 

"I believe great communication creates alignment, builds credibility, and drives momentum," said Kelly Delp. "I’m excited to partner with Raven’s leadership team to share a story that’s as bold and future-focused as the company itself." 

“Kelly brings clarity, conviction, and a rare ability to translate complex ideas into messages that connect,” said Paul Scribner, CEO of Raven Resources Corp. “She’s exactly the voice we need as we grow, engage new audiences, and tell the story of Raven’s evolution in markets around the world.” 

In her role at Raven, Kelly will oversee corporate messaging, brand voice, executive communication, and media relations as the company continues to grow its investment footprint in North America and the Middle East. 

About Raven Resources Corp. 

Raven Resources Corp. is a diversified investment and asset management firm focused on real estate, private credit, structured finance, and strategic equity investments. With a disciplined approach to capital deployment, Raven Resources partners with high-growth businesses, hospitality ventures, and entertainment initiatives to drive long-term value creation. The company’s portfolio includes structured financial instruments, land development, and investment in brand-driven entertainment projects. Committed to financial stability and innovation, Raven Resources continues to expand its footprint through strategic partnerships, asset acquisitions, and market-driven investment strategies. 

Media Contact: 

Kelly Delp 
kdelp@rvn.rs 
(214) 865-9083