This is an incredibly exciting time for our associates, customers, and suppliers.” Our goal is to provide even greater value for our customers and enhance our ability to serve with excellence. “By joining together, our platform allows expansion of our product and service offerings across more than 400 locations in 46 U.S. “Both White Cap and CSG share the same vision of continuous growth with the goal to relentlessly improve customer service,” said John Stegeman. John Stegeman, CEO of White Cap, and Alan Sollenberger, President of White Cap, will lead the combined business.
WHITECAP COM PROFESSIONAL
The combined transaction, valued at approximately $4 billion and including investments by Clayton, Dubilier & Rice (“CD&R”) and The Sterling Group funds, creates the leading North American distributor of a diverse mix of concrete accessories and specialty construction and safety products by revenues with more than $4 billion annually.įollowing the transaction, CD&R funds hold a 65 percent ownership interest in the combined company, and the prior shareholders of CSG, led by The Sterling Group, hold a 35 percent interest.ĬSG and White Cap have highly complementary product offerings and geographic footprints, aligned cultures and strong talent focused on providing exceptional customer service to professional contractors. White Cap Supply Holdings, LLC (“White Cap”) and Construction Supply Group (“CSG”) announce today the successful separation of White Cap from HD Supply and its combination with CSG. Transaction Will Enhance Capabilities to Serve Professional Contractors with Broader Product & Service Offerings and Expanded Reach Atlanta, GA OctoWhite Cap and Construction Supply Group Combine to Create $4 Billion Market-Leading Distributor of Concrete Accessories and Specialty Construction Products
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