![]() Some stores, such as the branch in greater Chicago, Ill., have also moved to higher-traffic locations to attract more walk-in contractor customers. Everywhere your eye falls, product is logically displayed, clearly signed and within easy reach. The new showrooms are clean and welcoming with a pleasing, clutter-free abundance of inventory. Over the last year, the company has spent more than $5 million remerchandising nearly 70 of its 133 stores, installing new fixtures and signage, and bringing in new product in key categories. If you haven’t visited a White Cap store recently, you may be in for a surprise. Retrieved 16 November 2020.John Stegeman, (L), president of White Cap Construction Supply and Joe DeAngelo (R), CEO of HD Supply, have an ambitious visionįor their companies and a solid plan to back it up. Announces Agreement to be Acquired by The Home Depot, Inc". "White Cap and Construction Supply Group Combine to Create $4 Billion Market-Leading Distributor of Concrete Accessories and Specialty Construction Products". ^ – HD Supply Waterworks Changes Name To Core & Main.Announces Pricing of Sale of 40,661,072 Shares of Common Stock by Selling Stockholders". Prices Initial Public Offering of Common Stock". "Home Depot completes $8 billion purchase of HD Supply". ^ "HD Supply Annual Income Statement".Specialty Construction - HD Supply Construction & Industrial - Brafasco (Canada).Specialty Construction - HD Supply Construction & Industrial - White Cap (United States).Maintenance, Repair and Operations - HD Supply Facilities Maintenance.The enterprise business units are divided into three categories, with 650 locations across 48 states and seven Canadian provinces. went public on June 27, 2013, on the NASDAQ stock exchange under the ticker symbol HDS. announced an agreement to be reacquired by The Home Depot, Inc. On November 16, 2020, HD Supply Holdings, Inc. At that time, White Cap combined with Construction Supply Group (CSG) to move forward as one company under joint ownership by private equity firms Clayton Dubilier & Rice and The Sterling Group. In October 2020, HD Supply’s Construction & Industrial business unit, known as White Cap, separated from HD Supply and became an independent company. On 1 August 2017, Clayton, Dubilier & Rice acquired the Waterworks division of HD Supply and changed its name to Core & Main. In December 2014 SEC filings showed that The Carlyle Group and Clayton, Dubilier, & Rice had sold off their holdings in HD Supply. The shares began trading on the NASDAQ Global Select Market on Junder the ticker symbol HDS. On June 27, 2013, HD Supply Holdings, Inc., the indirect parent of HD Supply, Inc., announced that it had priced an initial public offering of 53,191,489 shares of common stock at $18.00 per share. In 2007, the HD Supply was purchased by private equity firms Bain Capital, The Carlyle Group, and Clayton, Dubilier & Rice, and continued to operate as HD Supply. Home Depot, after changing its CEO from Bob Nardelli to Frank Blake, decided to sell HD Supply in order to raise capital to repurchase Home Depot stock and shore up the stock price. Hughes Supply was then integrated into the HD Supply division. ![]() In January 2006, Home Depot announced that it was acquiring Hughes Supply in a $3.2 billion deal. ![]() In 2004, Maintenance Warehouse changed its name to HD Supply. In 1997, The Home Depot purchased Maintenance Warehouse with its dedicated delivery trucks and free delivery service. The company was founded in 1974 as Maintenance Warehouse in San Diego, CA.
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