HD Supply

HD Supply is an industrial distributor in North America. The company provides a broad range of products and value-added services to approximately 500,000 professional customers in maintenance, repair and operations, infrastructure and power and specialty construction sectors.[7]

HD Supply Holdings, Inc.
Public
Traded asNASDAQ: HDS
Russell 1000 Component
Founded1974
(as Maintenance Warehouse)
HeadquartersAtlanta, Georgia, United States[1]
Number of locations
Approximately 600[2]
Area served
North America
Key people
Joseph J. DeAngelo (CEO)[3]
Evan Levitt (CFO)[4]
Revenue$7.39 billion[5]
Number of employees
11,000[6] (2018)
SubsidiariesHD Supply, Inc.
Websitewww.hdsupply.com

History

The company was founded in 1974 as Maintenance Warehouse in San Diego, CA. In 1997, The Home Depot purchased Maintenance Warehouse with its dedicated delivery trucks and free delivery service. In 2004, Maintenance Warehouse changed its name to HD Supply. In January 2006, Home Depot announced that it was acquiring Hughes Supply in a $3.2 billion deal. Hughes Supply was integrated into the HD Supply division.

Home Depot, after changing its CEO from Bob Nardelli to Frank Blake, decided to sell HD Supply in order to raise capital to repurchase Home Depot stock and shore up the stock price. In 2007, the company was purchased by private equity firms Bain Capital, The Carlyle Group, and Clayton, Dubilier & Rice, and continued as HD Supply.

On June 27, 2013, HD Supply Holdings, Inc., the indirect parent of HD Supply, Inc., announced that it had priced an initial public offering of 53,191,489 shares of common stock at $18.00 per share. The shares began trading on the NASDAQ Global Select Market on June 27, 2013 under the ticker symbol HDS.[8] In December 2014 SEC filings show that The Carlyle Group and Clayton, Dubilier, & Rice have sold off their holdings of HD Supply[9]. However, on 1 August 2017, Clayton, Dubilier & Rice acquired the Waterworks division of HD Supply for USD 2.5 billion[10], and changed its name to Core & Main[11].

Current business

HD Supply Holdings, Inc. went public on June 27, 2013, on the NASDAQ stock exchange under the ticker symbol HDS. The enterprise business units are divided into three categories, with 650 locations across 48 states and seven Canadian provinces.

  • Maintenance, Repair and Operations - HD Supply Facilities Maintenance
  • Specialty Construction - HD Supply Construction & Industrial — White Cap (United States)[12]
  • Specialty Construction - HD Supply Construction & Industrial — Brafasco (Canada)[13]
gollark: It is to be compared against all things ever however.
gollark: There's a compression benchmark thing online somewhere using 1GB of English wikipedia.
gollark: You could try making a nice UI to generate commands for it, as the CLI is kind of apioforms.
gollark: ffmpeg works at 109257192871819857185917225982689 speed.
gollark: I think it's entirely possible that a generalized editor framework supporting injection into geometry dash and stuff would be *harder* than just making two editors.

References
  2. http://www.hoovers.com/company-information/cs/company-profile.Hd_Supply_Holdings_Inc.52db8a74716e0acc.html
  3. http://www.hdsupply.com/about/downloads/JoeDeAngelo_Bio_01-27-15.pdf
  4. http://www.hdsupply.com/about/downloads/EvanLevitt_Bio_01-27-15.pdf
  5. "HD Supply Annual Income Statement". amigobulls.com.
  6. "HD Supply Holdings". Fortune. Retrieved 2018-12-28.
  7. "HD Supply Holdings". Fortune. Retrieved 2018-12-28.
  8. "HD Supply Holdings, Inc. Prices Initial Public Offering of Common Stock". Global News Wire. June 27, 2013. Retrieved 20 April 2017.
  9. "HD Supply Holdings, Inc. Announces Pricing of Sale of 40,661,072 Shares of Common Stock by Selling Stockholders". HD Supply. December 11, 2014. Archived from the original on 2015-01-20.
  10. crunchbase.com – Core & Main
  11. wateronline.com – HD Supply Waterworks Changes Name To Core & Main
  12. https://www.whitecap.com/
  13. http://www.brafasco.com/
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.