White Cap Construction Supply Group

Cd r will own 65 of the combined entity and sterling will own the rest.

White cap construction supply group. Cd r to combine hd supply s white cap business with construction supply group deal will create a 4 billion group of over 400 branches nationwide. Clayton dubilier rice announced an agreement with hd supply holdings inc. According to press releases the combined transaction is worth about 4 billion which roughly breaks out as 2 9. Hd supply holdings inc.

On tuesday said it agreed to sell its construction and industrial business known as white cap to private equity firm clayton dubilier rice for 2 9 billion in cash. Hd supply white cap makes it easy to purchase with simplified transactions streamlined invoicing online account access from any device flexible credit limits and billing options and standard net 30 terms interest free. Upon completing the acquisition cd r will merge white cap with construction supply group a distributor of specialty concrete and masonry accessories in a move that will create a construction and safety supplies distributor with more than 4 billion in annual revenue. 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.