Why This Matters to Distributors: White Cap is continuing to build its specialty construction distribution network through acquisitions, adding a Central Texas supplier of concrete accessories, rebar, safety products, and other construction supplies.
White Cap has agreed to acquire the business of Ace Contractors Supply, expanding the specialty construction distributor’s presence in the Austin, Texas, market.
Ace Contractors Supply distributes concrete accessories, rebar, safety and consumable products and other construction supplies to contractors in Central Texas. White Cap announced the definitive agreement Aug. 11.
Financial terms were not disclosed. White Cap also did not disclose Ace Contractors Supply’s annual sales, number of employees or an expected closing date.
The acquisition would expand White Cap’s product offering and footprint in Central Texas, which the company described as one of the country’s fastest-growing construction markets.
“Ace Contractors Supply has earned the trust of contractors throughout Central Texas by delivering exceptional service and deep local expertise,” White Cap CEO Alan Sollenberger said. “We’re excited to welcome the Ace team to White Cap and look forward to building on their strong customer relationships while providing expanded resources and solutions to help customers succeed.”
Ace Contractors Supply owner Jerry Haverda said the transaction would give the company’s employees and customers access to additional resources while maintaining its service focus.
The agreement is the latest move in White Cap’s expansion of its North American distribution network.
White Cap operates approximately 575 branches across North America, with more than 12,000 employees serving about 200,000 customers. The Atlanta-based company distributes concrete accessories and chemicals, tools and equipment, building materials and fasteners, erosion and waterproofing products, and safety products to contractors serving nonresidential, infrastructure and residential construction markets.
The Ace Contractors Supply deal would give White Cap a larger presence in Central Texas while adding a local supplier focused on many of the same specialty construction categories at the core of White Cap’s business.
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