M&A Deal Summary |
|
|---|---|
| Date | 2019-09-09 |
| Target | Todd Pipe & Supply Co. |
| Sector | Distribution |
| Buyer(s) | Reece |
| Sellers(s) | HD Supply |
| Deal Type | Divestiture |
| Deal Value | 160M USD |
| Advisor(s) | Ervin, Cohen & Jessup (Legal) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1920 |
| Sector | Distribution |
| Employees | 9,000 |
| Revenue | 9.0B AUD (2025) |
Reece is a distributor of plumbing, waterworks, and HVAC products in Australia. The Company operates a plumbing and bathroom supplies business, as well as 8 others in allied industries. Reece was founded in 1920 and is based in Cremorne, Australia.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Distribution M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2019 M&A | 1 of 1 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-05-07 |
MORSCO
Forth Worth, Texas, United States MORSCO, Inc. is a wholesale distributor of plumbing, HVAC, and builder products in the Southwest. Sovos Brands is a new kind of food and beverage company with a mission to acquire and build one-of-a-kind brands. Its portfolio includes Michael Angelo’s Gourmet Foods, a leading producer of premium, authentic frozen Italian entrées, and Rao’s Specialty Foods, a producer of super premium pasta sauce and other Italian specialty foods. Founded in 1917, Morrison now operates approximately eighty locations in Texas, New Mexico, Oklahoma, Kansas, and Louisiana. |
Buy | $1.4B |
| Category | Company |
|---|---|
| Founded | 2007 |
| Sector | Distribution |
| Employees | 11,000 |
| Revenue | 6.1B USD (2020) |
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 | 6 of 7 |
| Sector: Distribution M&A | 5 of 6 |
| Type: Divestiture M&A Deals | 6 of 7 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 6 of 7 |
| Year: 2019 M&A | 1 of 1 |
| Size (of disclosed) | 3 of 3 |
| 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 | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-08-11 |
White Cap
Norcross, Georgia, United States White Cap is a distributor of specialty concrete and construction products. White Cap serves as 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 by meeting their distinct and customized supply needs in non-residential, residential and industrial applications. White Cap was formed in 1976 and is based in Norcross, Georgia. |
Sell | - |
