“We were attracted to White Cap because of its leadership position in the industry, and because its customers and product lines complement our existing retail business. “We remain committed to finding new business opportunities for The Home Depot, and this acquisition adds new customer channels and product selling opportunities,” says Frank Blake, executive vice president of business development, The Home Depot. The agreement is anticipated to close in the next 30 days, and terms were not disclosed.
Headquartered in Costa Mesa, Calif., White Cap will become part of The Home Depot Supply division.
WHITECAP CONSTRUCTION SUPPLY PROFESSIONAL
The acquisition is part of Home Depot’s strategy to expand its professional customer market base. Tri-Supply & Equipment has steadily become a leading supplier of the excavating, concrete, and masonry contractors, representing only the best manufacturers and suppliers.ATLANTA – The Home Depot, the world’s largest home improvement retailer, announced that it has entered into an agreement to acquire White Cap Construction Supply, a leading distributor of specialty hardware, tools and materials targeting large- and medium-sized construction contractors. Servicing the Mid-Atlantic region, Tri-Supply & Equipment is dedicated to fulfilling all material and equipment job site demands. Tri-Supply & Equipment was founded in 1998 to provide a single source for recognized, quality brands of materials, equipment, and service in the construction industry. and Canada with approximately 7,000 employees and offers nearly 450,000 SKUs to approximately 150,000 customers. White Cap operates nearly 400 branches across the U.S. White Cap includes Brafasco, Brock White and NCA in Canada and multiple brands that fall under Construction Supply Group. White Cap Supply Holdings, LLC ("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. This acquisition is the second for White Cap since becoming an independent company in October 2020 and the first in the United States. The combined teams of talented associates from Tri-Supply & Equipment and White Cap in the Northeast Region will be able to offer even stronger service capabilities, depth of inventory and breadth of products for local customers. There are no other White Cap branches in Delaware, and we are proud to combine our national product offerings with the local, unique rental and construction supply strength of Tri-Supply & Equipment," said John Stegeman, Chief Executive Officer of White Cap. "We are excited about the ability to leverage our combined branch footprint to better serve our customers in the mid-Atlantic area.
and Dover, Del., Tri-Supply & Equipment will join White Cap in the Northeast Region in serving its local customers with exceptional customer service.
with two other locations in Salisbury, Md. 1, 2021 / PRNewswire/ - White Cap Supply Holdings, LLC ("White Cap") has closed on the agreement to acquire Tri-Supply & Equipment.
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