White Cap adds forming, shoring rental business with Form Tech deal

Sources: White Cap L.P., Atlanta White Cap, the top source of specialty construction supplies and safety products for concrete and general contractors, has acquired Detroit-based Form Tech Concrete Forms, Inc., a key provider of forming and shoring rental equipment and related consumable products with seven locations serving Southeast, Midwest and Mid-Atlantic markets. Upon its inception in 1976, Form Tech was…

Read More

White Cap builds Pennsylvania presence in Tri-Boro deal

Sources: White Cap L.P., Atlanta; CP staff Concrete construction material and tool giant White Cap has entered a definitive agreement to acquire the assets of Tri-Boro Construction Supplies, serving central Pennsylvania from Dallastown and Carlisle branches. In addition to a full line of concrete and construction supplies, the locations offer rebar fabrication services.  “We are excited to bring new capabilities…

Read More

Manufacturers – November 2022

St. Louis-based concrete plant equipment and machinery specialist Afinitas has appointed Jared Calease as Forming Systems Division director of Engineering. He previously served as product designer for the New Hampton Metal Fab business, and returns to Afinitas after 14 years at Waverly, Iowa-based GMT Corp., which specializes in large, complex heavy machining, fabrication and assembly. He served in a variety…

Read More

White Cap closes on Cook & Boardman rebar operation

Source: White Cap Supply Holdings, Atlanta White Cap Supply has added Nashville, Tenn. concrete reinforcement and accessories capacity formerly under building products distributor Cook & Boardman Group. “This location will allow us to provide expanded rebar services to our customers in a fast-growing market,” says White Cap CEO John Stegeman. “We are excited to continue to deliver exceptional service thanks…

Read More

White Cap closes on National Concrete Accessories Canada

Sources: White Cap Supply Holdings LLC, Atlanta; CP staff White Cap Supply Canada Inc. has acquired Alberta-based National Concrete Accessories (NCA) Canada Inc., assimilating it with existing Brafasco and Brock White Canada businesses. The transaction is the first of its kind since Atlanta parent White Cap was spun off from HD Supply in October 2020, then merged with Denver-based Construction…

Read More

Construction Supply Group, White Cap investors fulfill merger plan

Sources: White Cap Holdings LLC, Atlanta; CP staff White Cap Supply and Construction Supply Group (CSG) have combined in a transaction valued at approximately $4 billion, netting the top North American distributor of concrete accessories plus specialty construction and safety products. Pursuant to a plan announced in August, the merger was consummated following spin off of the White Cap business…

Read More

Investment firms lay groundwork for $4 billion Construction Supply Group, White Cap merger

Two private equity fund managers have outlined a transaction spawning a powerhouse in concrete or masonry construction accessories and supplies, plus rebar fabrication. Clayton, Dubilier & Rice (CD&R), New York, 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 Norcross, Ga.…

Read More

Investors set $4 billion Construction Supply Group, White Cap merger

Sources: Clayton, Dubilier & Rice, New York; HD Supply Holdings, Inc., Atlanta; CP staff

Two private equity fund managers have outlined a transaction creating a powerhouse in concrete and masonry construction accessories and supplies. 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). 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. 

Read More