This combined business will be led by White Cap CEO John Stegeman and President Alan Sollenberger.
1, 2021 /PRNewswire/ - White Cap Supply Holdings, LLC ('White Cap') has closed on a definitive agreement to acquire Ram Tool Construction Supply Co., LLC ('Ram Tool'). "This combination will increase our products, services, and locations to enhance our customer convenience and experience while bringing together two incredible teams of knowledgeable professionals focused on delivering exceptional customer service," said Alan Sollenberger, President of White Cap. This acquisition allows for an increase of product selection, services, and locations to enhance customer convenience and. About White Cap White Cap Expands with Acquisition of Ram Tool ATLANTA, Dec.
Whitecap ram tool professional#
The company operates more than 400 branches with more than 7,000 employees in the United States and Canada.Īccording to its website, Ram Tool operates more than 45 locations in 17 states along with Washington, D.C.įounded in 1967 and based in Birmingham, Ala., Ram Tool supplies fasteners and building materials to general contractors, concrete formers, HVAC, plumbers, electricians, and additional professional customers. This includes both residential and non-residential construction customers. Just months later, The Home Depot acquired HD Supply for $8 billion.īased in Atlanta, Ga., White Cap is a “one-stop shop’ providing concrete accessories and chemicals, tools and equipment, building materials and fasteners, erosion and waterproofing and safety products to professional contractors. In August 2020, HD Supply Holdings sold its White Cap business segment to an affiliate of Clayton, Dubilier & Rice for a purchase price of $2.9 billion in cash. "White Cap and Ram Tool have an aligned culture centered on service and relationship-building, which makes us excited for everything to come with our combination." "White Cap and Ram Tool drive towards the same mission of providing knowledgeable, customer-centric service to professional contractors for all specialty construction and concrete accessory needs," said John Stegeman, Chief Executive Officer of White Cap. The financial terms of the acquisition were not disclosed. Page Naftel, president of Ram Tool, also joins White Cap as chief sales officer. White Cap Supply Holdings, LLC reported that it has has closed on a definitive agreement to acquire Ram Tool Construction Supply Co., LLC (Ram Tool).
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