SubscribeLoginCustomer Service


ADVANCED SEARCH
Log In
Home
Blog
Free Samples
Conferences
Research
Databank
Current Issue
Archives
READER'S CHOICE
Most Popular Stories
• Motion Industries Acquires Drago Supply Company
• DXP Enterprises Acquires PFI for $65M
• Fastenal Agrees to Settlement in Wage-Hour Case
• Precision Castparts Agrees to Buy Airdrome Holdings
• Ryerson's Journey with Platinum Equity
HOME
ABOUT MDM
CONTACT US
CUSTOMER SERVICE
Copyright © 2008
Gale Media, Inc.
All Rights Reserved.
E-Mail This Article
Printer-Friendly Version
Untitled Document

Enter your email address below to receive our FREE weekly email, MDM Advisor, with industry news, trends and analysis for wholesale distribution executives.

August 9, 2007

Home Depot in Talks to Restructure HD Supply Deal

The Home Depot, Atlanta, GA, announced it is in discussions with Bain Capital Partners, The Carlyle Group and Clayton, Dubilier & Rice with the aim of restructuring their agreement for the sale of HD Supply.
 
These discussions could result, among other things, in a reduction in the $10.3 billion purchase price. The announcement may be a result of tightening credit markets, which would make it more difficult to raise the cash needed to buy the unit.

No other details on the discussions were released.
 
In mid-June, Home Depot announced it would sell its wholesale division, a $12 billion unit, to the trio of private equity firms for roughly 10X-12X EBITDA. Read the original article here.


Order the CD and transcript from MDM's recent audio conference to gain more perspective on how HD and other big players' moves have affected the market and the impact of outside investment on the channel. Also available, a Special Report on M&A, which includes a compilation of MDM reporting on activity in the distribution sector.

More Breaking News

  • Earned Income Management in Foodservice – A Free White Paper from SAP
  • Complimentary webcast featuring Mike Marks: Risk and Opportunity in 2009
  • Experience the Power to Grow with Ramco’s OnDemand ERP, see how…
  • 4,200 leading wholesale distributors rely on Activant's superior technology solutions to achieve proven results.
  • Inside Information Goldmine: Your Password to Profits with Pferd
  • Lawson: Learn how new services add new value.
  • Click here to download this IBM Executive Information Kit
  • Industrial Sales Software made by Industrial Sales Veterans – Selltis CRM
  • Pembroke Consulting: Winning Strategies for Distributors, Manufacturers

    • HOME PRIVACY COPYRIGHT SUBSCRIBE

    GALE MEDIA OUR PRODUCTS ADVERTISING