Bradco Supply
Bradco Supply was a distributor of building materials for the commercial and residential building markets, particularly roofing supplies.
 | |
| Subsidiary | |
| Industry | Distribution |
| Founded | 1966 |
| Founder | Barry Segal |
| Headquarters | Avenel, New Jersey, United States |
Number of locations | 130 branches in 30 States |
Area served | USA |
| Products | Building products, Roofing |
| Revenue | $1.5 billion (2009)[1] |
Company history
Bradco Supply was founded in 1966 by Barry Segal, with a single warehouse in Avenel, New Jersey.
Prior to its acquisition, Bradco was owned by two private equity groups: Advent International and Apollo Global Management.[2][3]
Selected milestones
- 1972 – First branches opened in New Jersey and Connecticut
- 1979 – Entry into Florida market
- 1986 – 17 locations in eight states
- 1994 – Entry into Midwestern markets
- 2000 – 78 locations in 17 states
- 2007 – Apollo Management acquires a minority interest in Bradco Supply
- 2008 – Advent International acquires a majority ownership in Bradco Supply.
- 2008 - Founder, Barry Segal retires from active involvement
Acquisitions
In 2010, Bradco was acquired by its largest competitor, ABC Supply. Bradco operated through subsidiaries and brands including: Admiral Building Products, Bak-A-Lum, FlexMaster, H. Verby Company, Bradco Tapered Express, Bradco Metals, Posey Steel & Supply and Bradco International.[1]
References
- Tierney, Jim (May 13, 2010). "ABC Supply Acquires Bradco Supply". Retrieved 2014-05-11.
- Apollo Management acquires stake in Bradco Supply Archived July 13, 2011, at the Wayback Machine. Industrial Distribution, 1/16/2007
- Venture Capital Firm Buys Bradco Supply. PROSALES Information Service. Publication date: July 15, 2008
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.