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

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