![]() White Cap, which now includes Construction Supply Group, is the leading distributor of concrete accessories and specialty construction and safety products for professional contractors. You’ll work in an exciting and diverse environment, meet interesting people, and have a variety of career opportunities. We do this by being deeply knowledgeable, fully capable, and always dependable, and our associates are the driving force behind this commitment.Ī position at White Cap isn’t your ordinary job. The White Cap family is committed to Building Trust on Every Job. and Canada with approximately 9,000 employees, and offers nearly 200,000 SKUs to approximately 200,000 customers. White Cap operates approximately 450 branches across the U.S. White Cap is comprised of multiple brands in the U.S., including Ram Tool, and the Brafasco, Brock White and NCA brands in Canada. ("White Cap") serves as a one-stop shop providing concrete accessories and chemicals, tools and equipment, building materials and fasteners, erosion and waterproofing and safety products to professional contractors by meeting their distinct and customized supply needs in non-residential, residential and infrastructure end markets. ![]() “We look forward to our new partnership with CD&R and the continued support of The Sterling Group as we continue to seek growth opportunities to better serve our customers,” adds CSG CEO Mitch Williams.White Cap Supply Holdings, LLC. Following this transaction, we will be very well positioned to pursue both organic and inorganic growth opportunities aligned with our strategic priorities.” “We are enthusiastic about the opportunity to join forces with the many talented associates and leaders at CSG to enhance our collective ability to serve customers. “This transformational combination simultaneously increases our product and service offering, capabilities, and diversification and establishes our business as a focused, independent company,” says Stegeman. White Cap CEO John Stegeman and President Alan Sollenberger are expected to retain their titles in the transition, while CD&R Operating Partner Phil Knisely becomes chairman. ![]() CD&R funds and Sterling Group will hold respective 65 percent and 35 percent ownership interests in the combined entity. ![]() The $2.9 billion White Cap transaction is scheduled to close by October and not subject to the status of CSG merger proceedings. With 130 branches and approximately 2,000 employees, CSG has a highly complementary footprint to White Cap in terms of product depth and geography, offering more than 60,000 sku to 65,000 customers. White Cap operates 270 branches with approximately 5,500 employees and offers more than 400,000 stockkeeping units to 200,000 customers. The combination is intended to create a leading North American distributor of a diverse mix of concrete accessories and specialty construction and safety products with more than $4 billion in annual revenue. Based in Denver, the latter is a portfolio company of Sterling Group, a Houston investor that has acquired concrete and masonry contractor centers since chartering the business in 2016 with Minnesota’s Brock White. Clayton, Dubilier & Rice (CD&R) will acquire HD Supply’s Construction & Industrial segment, better known as White Cap and including the Home Improvement Solutions and Brafasco businesses, then pursue a merger of that entity with Construction Supply Group (CSG). Two private equity fund managers have outlined a transaction creating a powerhouse in concrete and masonry construction accessories and supplies. Sources: Clayton, Dubilier & Rice, New York HD Supply Holdings, Inc., Atlanta CP staff
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