Save my name, email, and website in this browser for the next time I comment. There will be no immediate changes to the services and offerings from White Cap or Ram Tool as the integration of the two businesses is approached thoughtfully.ĭebevoise & Plimpton LLP served as legal counsel to White Cap for the transaction and Nelson Mullins Riley & Scarborough LLP served as legal counsel to Ram Tool for the transaction. “White Cap and Ram Tool have an aligned culture centered on service and relationship-building, which makes us excited for everything to come with our combination.” Join Mergr and gain access to White Cap Industries’ M&A summary, the M&A summaries of. The Company’s most targeted sectors include distribution (50) and manufacturing (17). White Cap Industries has acquired in 5 different US states, and 2 countries.
#Whitecap buys ram tool professional#
“White Cap and Ram Tool drive toward the same mission of providing knowledgeable, customer-centric service to professional contractors for all specialty construction and concrete accessory needs,” said Stegeman. White Cap Industries has acquired 6 companies of its own, including 5 in the last 5 years. From jobsite supplies to anchoring and fastening, masonry suppliers, and more, Ram Tool provides products for general construction, contractors, concrete formers, HVAC, plumbers, electricians, and others. White Cap serves as a one-stop shop providing concrete accessories and chemicals, tools and equipment, as well as building materials and fasteners. “This combination will increase our products, services, and locations to enhance our customer convenience and experience, while bringing together two incredible teams of knowledgeable professionals focused on delivering exceptional customer service,” said Sollenberger. Page Naftel, president of Ram Tool, is also joining White Cap as chief sales officer. This combined business will be led by White Cap CEO John Stegeman and president Alan Sollenberger. White Cap Supply Holdings has closed on a definitive agreement to acquire Ram Tool Construction Supply Co.
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