M&A Deal Summary

Core & Main Acquires Foster Supply

On May 22, 2023, Core & Main acquired building materials company Foster Supply

Acquisition Highlights
  • This is Core & Main’s 1st transaction in the Building Materials sector.
  • This is Core & Main’s 20th transaction in the United States.
  • This is Core & Main’s 1st transaction in West Virginia.

M&A Deal Summary
Date 2023-05-22
Target Foster Supply
Sector Building Materials
Buyer(s) Core & Main
Deal Type Add-on Acquisition

Target

Foster Supply

Scott Depot, West Virginia, United States
website
Foster Supply is a full-service provider of precast concrete structures, pipes, drainage materials, and related geosynthetics products. Foster Supply was formed in 1981 and is based in Scott Depot, West Virginia.

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Buyer(S) 1

Buyer

Core & Main

St. Louis, Missouri, United States

website

Category Company
Founded 1874
Sector Distribution
Employees4,100
Revenue 5.0B USD (2022)
DESCRIPTION

Core & Main is a distributor of water, sewer, storm, fusible piping, and fire protection infrastructure products that serves the needs of both contractors and municipalities in all aspects of the water, wastewater, clean water, landfill, energy, and fire protection industries. Core & Main was founded in 1874 and is based in St. Louis, Missouri.

DEAL STATS #
Overall 20 of 29
Sector (Building Materials) 1 of 2
Type (Add-on Acquisition) 19 of 28
State (West Virginia) 1 of 1
Country (United States) 20 of 29
Year (2023) 4 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-17 Midwest Pipe Supply

Clear Lake, Louisiana, United States

Midwest Pipe Supply is a dependable distributor of drainage, septic and waterworks solutions. Midwest Pipe Supply is based in Clear Lake, Louisiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-12 Dangelo

La Habra, California, United States

Dangelo is a full-service provider of fire protection and waterworks products with three locations in Southern California. Dangelo was founded in 1987 and is based in La Habra, California.

Buy -
Mergr

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