HD Supply Holdings, Inc. (Nasdaq: HDS), one of the largest industrial distributors in North America, today announced that it has completed the previously announced acquisition of A.H. Harris Construction Supplies, a leading specialty construction distributor serving the Northeast, the Mid-Atlantic region and the South-Atlantic region.<\/p>\n
A.H. Harris brings an experienced team of associates and an extensive network that spans more than 50 locations from the Carolinas to New England, and they will now operate under the HD Supply Construction & Industrial \u2013 White Cap business unit, which is a leading supplier of specialty hardware, tools, and materials. The combination of these businesses will enable the company to provide greater value to its customers and suppliers and better serve their needs.<\/p>\n
\u201cWe are thrilled for our customers and associates that A.H. Harris has joined the HD Supply team,\u201d said John Stegeman, president of HD Supply Construction & Industrial. “This acquisition further strengthens HD Supply Construction & Industrial \u2013 White Cap\u2019s presence in the eastern United States, deepens its product expertise, and increases its value-added service offerings for our customers and preferred suppliers.”<\/p>\n
King & Spalding served as legal counsel to HD Supply on the transaction, Houlihan Lokey and Lincoln International acted as financial advisors, and Kirkland & Ellis served as legal counsel to A.H. Harris Construction Supplies.<\/p>\n","protected":false},"excerpt":{"rendered":"