White Cap Supply Canada to Acquire National Concrete Accessories

The companies will be combined into a single business entity that’s “intended to mirror the long-term success of White Cap in the United States,” the company said.
White Cap

White Cap Supply Canada, the Canadian arm of Atlanta-based White Cap Supply Holdings LLC, will combine with National Concrete Accessories Canada Inc. to form a single Canadian business. Financial terms of the deal weren’t disclosed.

White Cap Supply Canada is composed of two businesses — Brafasco and Brock White Canada. White Cap is the former division of HD Supply that has owned by the private equity firm Clayton, Dubilier & Rice since October 2020.

This combined business, “which is intended to mirror the long-term success of White Cap in the United States,” the company said, will be led by Vasken Altounian as business unit president and Neil Fast as regional vice president, and will report into Alan Sollenberger, president of White Cap.

“We are looking forward to expanding our presence and offerings in Canada thanks to the many strengths of the NCA team,” said John Stegeman, CEO of White Cap. “The depth of products, services, and knowledge that NCA brings in concrete forming and accessories complements Brafasco’s specialty in fasteners, tools, and safety products, and BWC’s portfolio of building envelope, concrete accessories, masonry, and geotechnical products.”

Added Altounian: “Our intended combination will enable an unparalleled level of streamlined service, depth of inventory, and a significant breadth of products for customers across Canada, coast-to-coast. All three teams across Brafasco, BWC and NCA share a strong commitment to exceptional customer service with customer-centric cultures and operating models.”

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