Latest / The Wholesale Change Show
The White Cap-Construction Supply Group Deal
CD&R is buying HD Supply Construction & Industrial – once and now again known as “White Cap.” The firm is combining White Cap with Sterling’s Construction Supply Group (CSG), which is made up of 17 regional distributors across the US and Canada. CD&R will own 65% of the combined entity, and Sterling will own the rest. According to press releases, the combined transaction is worth about $4 billion, which roughly breaks out as $2.9 billion for White Cap and $1.1 billion for CSG.These two companies are, by far, the largest distributors in the concrete construction supplies industry. Together…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.