“We 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. Another great change at All-Tex is the addition of a robust computer system installed in each and every branch. Upon completion of the merger, Anixter became a wholly owned subsidiary of WESCO International. Construction Supply Group wholesales and distributes construction materials. Source: American Concrete Institute, Farmington Hills, Mich. Protection from the Ground Up. The $2.9 billion White Cap transaction is scheduled to close by October and not subject to the status of CSG merger proceedings. Construction Supply Group loads West Coast portfolio in Hub deal, Construction Supply Group adds All-Tex, Masonpro, Titan businesses, © 2020 by Semco Productions, LLC | All rights reserved, Investors set $4 billion Construction Supply Group, White Cap merger, Argos USA, liability heir, cooperates in feds' concrete price-fixing investigation, CalPortland moves CNG power upstream, from mixers to bulk tankers, Concrete Technology, WSDOT push the envelope with record 223-ft. girder, LafargeHolcim measures building enclosure prospects in Firestone deal, EPA rule clears traditional opaqueness in science justifying regulatory actions, Buy your copy of the updated 2020 Cement Directory today. 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. “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. Construction Supply Group is a leading distributor of specialty construction materials in the US and Canada. view partnership. CarepathRx looks to build end-to-end pharmacy management platform with recent buys, executives say 04-December-2020: . A … FMI Capital Advisors' Contractor and Construction Services team is a dedicated group specializing in M&A, capital formation, and ownership transition services for construction … 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. Skil Saw SPT55-11 16" WORM DRIVE CHAINSAW Our mission is to supply you, the building professional, with the tools and materials necessary to efficiently complete your important projects. Construction Supply Group is combining with White Cap®! This page contains a map that may be difficult to use with assistive technology. The US engineering and construction (E&C) industry began 2020 on a bright note—and then COVID-19 hit. Explore five engineering and construction industry trends that will impact the coming year, from connected construction to new business models. PRESS RELEASE. 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. About us Construction Supply Group is a leading distributor of specialty construction materials in the US and Canada. DENVER, Oct. 2, 2019 /PRNewswire/ -- Construction Supply Group ("CSG") announced today that it has completed the acquisition of Construction Materials. With 87 branches, over 1,100 associates, Construction Supply Group is committed to partnering with the best. Despite the challenges that have resulted, there are reasons to be optimistic. The US engineering and construction (E&C) industry began 2020 on a bright note—and then COVID-19 hit. The partners have named White Cap CEO John Stegeman and President Alan Sollenberger to lead the combined business, which spans: • Upward of $4 billion in annual revenues from a comprehensive offering of 400,000-plus products, channeled through 4,500 suppliers; • More than 850 outside sales associates with significant industry experience; • More than 1,000 inside and counter sales associates to deliver on a promise of two-hour ready will call at all locations; and. According to Dr. Harpal Singh, in an article for Supply Chain Quarterly, post-merger supply chain assessments should focus on three major aspects: integration, optimization and acceptance. 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. Apply now. 2 Specified Air Solutions. Skil Saw 13Amp Reciprocating Saw. The Sterling Group, a Houston-based middle market private equity firm, announced that its portfolio company, Construction Supply Group, has completed the acquisition of Carter Waters. Click here to browse as a list instead of a map. Out of 60 sectors in the Mergr database, e-commerce ranked 46 in number of deals in 2019. Explore five engineering and construction industry trends that will impact the coming year, from connected construction to new business models. Funds under New York investor and White Cap suitor Clayton, Dublier & Rice (CD&R) hold a 65 percent stake in the combined entity. And with our technical sales team collaborating with industry experts, we can help solve your most complex challenges.. Houston-based Sterling Group owns the remaining stake, having built CSG into a concrete and masonry construction supply powerhouse through a series of acquisitions starting with Brock White in late 2016. 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. Upon the closing of both transactions, CD&R funds will hold a 65% ownership interest in the combined company, and the current shareholders of CSG, led by The Sterling Group, … The Company offers construction materials, accessories, and tools. CD&R funds and Sterling Group will hold respective 65 percent and 35 percent ownership interests in the combined entity. Another great change at All-Tex is the addition of a robust computer system installed in each and every branch. In 2016, Border Construction Specialties became part of Construction Supply Group. White Cap operates 270 branches with approximately 5,500 employees and offers more than 400,000 stockkeeping units to 200,000 customers. CSG and White Cap have highly complementary product offerings and geographic footprints, aligned cultures plus strong talent focused on providing exceptional customer service, CD&R and Sterling officials contend. DENVER, CO - Construction Supply Group (“CSG”) announced today that they have completed the acquisition of Construction Materials. • Nearly 2,000 delivery vehicles to enable same day or next day service to job sites. All content is posted anonymously by employees working at Construction Supply Group. 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