2 Specified Air Solutions. Out of 60 sectors in the Mergr database, e-commerce ranked 46 in number of deals in 2019. 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. Carter-Waters is a leading Midwest distributor of quality construction materials and tools for commercial, highway, municipal, residential and multi-family builders with 17 locations throughout Kansas, Missouri, Illinois, Ohio, Indiana, and Kentucky. Layton Construction, a Utah-based construction company that’s had an office in Hawaii since 2006, will merge with STO Building Group Inc. by the end of this year. Despite the challenges that have resulted, there are reasons to be optimistic. Our mutual commitment to being Better Together and Building Trust on Every Job™ by providing … August 15, 2020 News of the proposed $4 billion merger of HD Supply’s White Cap Group with Construction Supply Group points to more changes in the construction supply business. Sources: Clayton, Dubilier & Rice, New York; HD Supply Holdings, Inc., Atlanta; CP staff. 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. construction equipment, tools, office furniture, computers, and equipment used in the operations and general sup - port of the construction business. Pursuant to a plan announced in August, the merger was consummated following spin off of the White Cap business from industrial market distributor HD Supply. Construction Supply Group. In 2016, Border Construction Specialties became part of Construction Supply Group. The company supplies construction materials, accessories and tools, primarily for professional concrete and masonry contractors in the United States and Canada with a combination of local specialization supported by national scale, providing a unique combination of products and … Merger Is A Good Deal For HD Supply, Not Bad For Home Depot ... this time buying HD Supply's Construction & Industrial segment for $2.5 billion of … 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 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. Glassdoor gives you an inside look at what it's like to work at Construction Supply Group, including salaries, reviews, office photos, and more. “We will continue to build on our vast experiences and stronger future by investing in focused local growth initiatives with the support of our national platform,” adds Sollenberger. Upon completion of the merger, Anixter became a wholly owned subsidiary of WESCO International. Upon completion of the merger, Anixter became a wholly owned subsidiary of WESCO International. With 87 branches, over 1,100 associates, Construction Supply Group is committed to partnering with the best. Apply now. This page contains a map that may be difficult to use with assistive technology. view partnership. Read employee reviews and ratings on Glassdoor to decide if Construction Supply Group is right for you. 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. This is the Construction Supply Group company profile. Explore five engineering and construction industry trends that will impact the coming year, from connected construction to new business models. HOUSTON, Jan. 28, 2020 /PRNewswire/ -- The Sterling Group, a Houston-based middle market private equity firm, announced that its portfolio company, Construction Supply Group ("CSG"), has … Funds under New York investor and White Cap suitor Clayton, Dublier & Rice (CD&R) hold a 65 percent stake in the combined entity. White Cap operates 270 branches with approximately 5,500 employees and offers more than 400,000 stockkeeping units to 200,000 customers. Another great change at All-Tex is the addition of a robust computer system installed in each and every branch. Construction Supply Group is a leading distributor of specialty construction materials in the US and Canada. Construction Supply Group is a leading distributor of specialty construction materials in the US and Canada. Eleven weeks after the industrial distributor announced it would sell its Construction & Supply – White Cap business unit to private firm Clayton, Dubilier & Rice, newly-formed White Cap Supply Holdings and Construction Supply Group (CSG) co-announced Monday that White Cap has been successfully separated from HD Supply and combined with CSG. 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. I’ve written about the role of supply chain in M&A’s before – in a specific case study (the Kraft-Heinz merger) and from a boots on the ground point of view. Distributor of construction supply materials. CarepathRx looks to build end-to-end pharmacy management platform with recent buys, executives say 04-December-2020: . FMI Capital Advisors' Contractor and Construction Services team is a dedicated group specializing in M&A, capital formation, and ownership transition services for construction … âWe 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. Sterling added key team members and worked to centralize several, unintegrated legacy businesses and take better advantage of company’s scale. Construction Week's print and digital products cover emerging trends, contract and project updates, and product innovation, making them the premier source of information for the Middle East’s government and private-sector construction supply chains. 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