CD&R to acquire HD Supply's White Cap and combine with Construction Supply Group

Clayton, Dubilier & Rice (CD&R) agreed to acquire HD Supply's Construction & Industrial business (White Cap) and combine it with Construction Supply Group (CSG) in a transaction valued at approximately $4 billion. CD&R funds will hold a 65% ownership interest in the combined company.

“We developed strong confidence in the White Cap management team during our prior ownership of HD Supply, as they successfully managed through the global financial crisis.”prnewswire.com

• 1 source
• prnewswire.comClayton, Dubilier & Rice to Combine HD Supply's White Cap Business with Construction Supply GroupClayton, Dubilier, RiceAug 11, 2020

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