White Cap Construction Supply Group
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.
White cap construction supply group. About construction supply group. Under which cd r funds will lead an investment to acquire hd supply s construction industrial white cap business and. White cap operates 270 branches with approximately 5 500 employees and offers more than 400 000 skus to 200 000 customers. Cd r will own 65 of the combined entity and sterling will own the rest.
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. 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. According to press releases the combined transaction is worth about 4 billion which roughly breaks out as 2 9.