Is HD Supply related to Home Depot?
Dear Valued Customers, Home Depot is thrilled to announce that we have completed the acquisition of HD Supply.
How many warehouses does HD Supply?
With 44 distribution centers spread across 25 states and two Canadian provinces, HD Supply provides an expansive offering of approximately 200,000 SKUs featuring high-quality, name-brand and proprietary products – all at competitive prices.
What company is HD?
The company was re-acquired by The Home Depot in December 2020….HD Supply.
| Type | Subsidiary |
|---|---|
| Traded as | Nasdaq: HDS (2013–20) |
| Founded | 1974 (as Maintenance Warehouse) in San Diego, California |
| Headquarters | Atlanta, Georgia, United States |
How much did Home Depot sell HD Supply for?
Home Depot, which sold HD Supply in 2007 for $8.5 billion to Bain Capital, Carlyle Group and Clayton, Dubilier & Rice, said it will fund the buy back through a combination of cash and debt.
Who purchased HD Supply?
The Home Depot
ATLANTA, GA — The Home Depot, the world’s largest home improvement retailer, has completed the acquisition of HD Supply Holdings, Inc., for a total enterprise value (including net cash) of approximately $8 billion.
Are white cap and HD Supply the same?
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 …
When did HD sell HD Supply?
2007
Home Depot built HD Supply in the 2000s through an acquisition spree led by then Chief Executive Robert Nardelli. After a CEO change, the company sold the unit in 2007 to Bain Capital, Carlyle Group and Clayton Dubilier Rice in a leveraged buyout valued at $8.4 billion.
Is white cap part of HD Supply?
HD Supply is suddenly half the company it once was. White Cap and CSG said the transaction is also valued at approximately $4 billion, while CD&R purchased White Cap from HD Supply for $2.9 billion. CD&R now holds 65 percent ownership in the combined company, with previous CSG shareholders holding 35 percent ownership.
Who owns HD Supply now?
The Home Depot
HDS Holding Corporation
HD Supply/Parent organizations
ATLANTA, Dec. 24, 2020 /PRNewswire/ — The Home Depot®, the world’s largest home improvement retailer, has completed the acquisition of HD Supply Holdings, Inc., for a total enterprise value (including net cash) of approximately $8 billion.
Did Home Depot buy back HD Supply?
Following its acceptance of the tendered shares, The Home Depot completed the acquisition of HD Supply through a merger of Coronado Acquisition Sub Inc. with and into HD Supply.