M&A Deal Summary

HD Supply Acquires A. H. Harris & Sons

On January 3, 2018, HD Supply acquired distribution company A. H. Harris & Sons from Frontenac for 380M USD

Acquisition Highlights
  • This is HD Supply’s 11th transaction in the Distribution sector.
  • This is HD Supply’s 2nd largest (disclosed) transaction.
  • This is HD Supply’s 12th transaction in the United States.
  • This is HD Supply’s 2nd transaction in Connecticut.

M&A Deal Summary
Date 2018-01-03
Target A. H. Harris & Sons
Sector Distribution
Buyer(s) HD Supply
Sellers(s) Frontenac
Deal Type Add-on Acquisition
Deal Value 380M USD

Target

A. H. Harris & Sons

West Hartford, Connecticut, United States
A.H. Harris distributes building products to the heavy & highway, commercial, industrial and residential markets with the same goal in mind as its founding fathers.

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Buyer(S) 1

Buyer

HD Supply

Atlanta, Georgia, United States
Category Company
Founded 2007
Sector Distribution
Employees11,000
Revenue 6.1B USD (2020)
DESCRIPTION
HD Supply's headquarters in Atlanta, Georgia.
HD Supply's headquarters in Atlanta, Georgia.

HD Supply is a wholesale distributor of a broad range of products and services to professional customers in the infrastructure, energy, maintenance, repair & improvement, and specialty construction markets. HD Supply was founded in 2007 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 12 of 13
Sector (Distribution) 11 of 11
Type (Add-on Acquisition) 10 of 11
State (Connecticut) 2 of 2
Country (United States) 12 of 13
Year (2018) 2 of 2
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-03 A.H. Harris Construction Supplies

Hartford, Connecticut, United States

A.H. Harris Construction supplies a high-quality construction products and equipment for contractors, construction companies and government entities in the concrete construction, repair and restoration, road and bridge, rebar and rebar fabrication, waterproofing and glazing markets. It represents 500+ manufacturers and over 13,000 products. A.H. Harris has over 600 experienced team members, a multitude of delivery options and over 50 convenient locations in 12 states.

Buy $380M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-03 Presto Maintenance Supply

Houston, Texas, United States

Presto Maintenance Supply is a Maintenance, Repair and Operations distribution company. Presto Maintenance Supply primarily serves the Houston metro-area multifamily industry.

Buy -

Seller(S) 1

SELLER

Frontenac

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1971
PE ASSETS 2.1B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Frontenac is a Midwest US-based private equity firm that seek profitable, lower middle-market company investments with $5 to $25 million of EBITDA. Frontenac typically partners with management when pursuing acquisitions, including companies managed by owner-operators. Sectors of interest include financial services, healthcare services, education/HR services, manufacturing, publishing/media, and technology services. Frontenac was formed in 1971 and is based in Chicago, Illinois.

DEAL STATS #
Overall 48 of 59
Sector (Distribution) 5 of 7
Type (Add-on Acquisition) 14 of 22
State (Connecticut) 3 of 3
Country (United States) 46 of 57
Year (2018) 2 of 5
Size (of disclosed) 4 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-03 A.H. Harris Construction Supplies

Hartford, Connecticut, United States

A.H. Harris Construction supplies a high-quality construction products and equipment for contractors, construction companies and government entities in the concrete construction, repair and restoration, road and bridge, rebar and rebar fabrication, waterproofing and glazing markets. It represents 500+ manufacturers and over 13,000 products. A.H. Harris has over 600 experienced team members, a multitude of delivery options and over 50 convenient locations in 12 states.

Sell $380M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-11 e+CancerCare

Nashville, Tennessee, United States

e+CancerCare is an operator of outpatient cancer care centers in the nation driven by its mission of partnering with communities to fight cancer. e+CancerCare core focus includes building a best-in-class network of cancer care facilities through partner acquisition, service-line conversion, and de novo development. e+CancerCare offer physicians and hospitals the financial and operational support they need so they can focus on delivering the highest quality care close to home. e+CancerCare creates environments for patients that meet their physical, emotional and mental health needs.

Sell -
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