White Cap L.P., a leading distributor of concrete accessories, building materials, and tools, has announced its intention to acquire Tri-Boro Construction Supplies, a Pennsylvania-based company that specializes in the distribution of concrete accessories and construction supplies. The deal is expected to close soon, and White Cap will acquire substantially all of Tri-Boro’s assets.
John Stegeman, the Chief Executive Officer of White Cap, said in a statement, “We are excited to bring new capabilities and product depth to help deliver exceptional service and solutions for our customers, while also growing with the talent of this experienced team.” White Cap plans to integrate Tri-Boro’s business into its suite of brands and branches, adding new capabilities and geographic reach for local customers in the Northeast Region.
Founded in 1974, Tri-Boro Construction Supplies started with concrete deliveries and quickly expanded to offer a wide range of tools, equipment, and services for residential and commercial job sites, including full rebar fabrication services. Tri-Boro has branch locations in Dallastown and Carlisle, Pennsylvania, and serves a variety of customers in the northern counties and beyond.
White Cap, on the other hand, operates more than 450 branches across North America, serving professional contractors with distinct and customized supply needs in non-residential, infrastructure, and residential end markets. White Cap is comprised of multiple brands in the U.S. and the Brafasco, Brock White, and NCA brands in Canada. With more than 9,000 employees supporting approximately 200,000 customers, White Cap is a one-stop-shop for all construction needs.
This acquisition is a significant move for White Cap, allowing the company to expand its product offering and strengthen its position in the Northeast Region. White Cap will also benefit from Tri-Boro’s experienced team, who will undoubtedly contribute to the company’s continued growth and success.
In conclusion, the acquisition of Tri-Boro Construction Supplies by White Cap is an exciting development for both companies. White Cap’s acquisition of Tri-Boro’s assets will bring new capabilities and product depth to help deliver exceptional service and solutions for customers in the Northeast Region. Tri-Boro’s experienced team will also contribute to White Cap’s growth and success, making the acquisition a win-win situation for both companies.
SOURCE White Cap Supply Holdings LLC