Construction Supply Group (CSG) Acquires Hub Construction Specialties

Sterling Infrastructure Acquires Concrete Construction Services of Arizona (CCS)

December 20, 2022

Construction

Sterling Infrastructure, Inc. (NasdaqGS: STRL) acquired Concrete Construction Services of Arizona L.L.C. (CCS) in a tuck-in transaction for a purchase price of $22 million paid in cash and Sterling common stock. CCS, which generates approximately $70 million in annual revenues and provides residential post-tension concrete foundations in the Greater Phoenix area, expands Sterling’s Building Solutions capacity and service offering in Arizona.

CD&R Acquires HD Supply’s White Cap and Combines It with Construction Supply Group

August 11, 2020

Building Products

Clayton, Dubilier & Rice (CD&R) will acquire HD Supply’s Construction & Industrial business (White Cap) and combine it with Construction Supply Group (CSG), creating a leading North American distributor of concrete accessories and specialty construction products in a transaction valued at about $4 billion. CD&R funds will hold a 65% stake in the combined company while current CSG shareholders, led by The Sterling Group, will retain a 35% interest; the deal is subject to customary regulatory approvals.

Construction Supply Group (The Sterling Group) Acquires Construction Materials

October 2, 2019

Building Products

Construction Supply Group, a portfolio company of The Sterling Group, has acquired Construction Materials, a long-established wholesale distributor operating 16 branches across the Southeastern United States. The add-on expands CSG's geographic footprint in key MSAs such as Florida, Georgia, Alabama and Texas and strengthens its ability to serve concrete and masonry contractors.

Construction Supply Group (The Sterling Group portfolio) Acquires Best Materials, Advantage Construction Supply and Spec-West Concrete Systems

May 7, 2019

Building Products

Construction Supply Group, a portfolio company of The Sterling Group, completed add-on acquisitions of Best Materials (an e‑commerce construction supply platform based in Phoenix, AZ), Advantage Construction Supply and Spec‑West Concrete Systems (two California‑based concrete and construction supply businesses with a combined four branches). The deals expand CSG’s presence in the Sacramento market and strengthen its e‑commerce and regional distribution capabilities as part of Sterling’s roll‑up strategy in specialty construction materials distribution.

Construction Supply Group Acquires MASONPRO

December 5, 2018

Building Products

Construction Supply Group (CSG), a portfolio company of The Sterling Group, has acquired MASONPRO, a Northville, Michigan-based distributor of specialty masonry materials. The transaction is an add-on acquisition that expands CSG's footprint and product offering in the masonry and concrete accessories market.

Construction Supply Group (The Sterling Group) Acquires Carter-Waters

June 30, 2017

Building Products

Construction Supply Group, a portfolio company of private equity firm The Sterling Group, has acquired Carter-Waters, LLC from Aiglon Capital. Carter-Waters is a leading Midwest distributor of construction materials, tools and rental equipment with 19 locations across multiple states; the deal is a platform add-on to expand Construction Supply Group's geographic footprint and service capabilities.