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…
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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 MoreWhite 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 MoreConstruction 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 MoreInvestment 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 MoreInvestors 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.
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