White Cap Announces Strategic Acquisition of Dayton Superior
Expands One-Stop Shop and Value-Added Services Capabilities
White Cap, the leading distributor of specialty construction supplies and safety products for professional contractors, has acquired Dayton Superior Corporation (“Dayton Superior”), the leading provider of highly engineered accessories, chemicals and forming solutions within the concrete construction industry, to expand its one-stop shop and value-added services for customers.
With more than a century of application on the jobsite, Dayton Superior brings trusted products, innovative technology, knowledgeable associates, and new value-added services to White Cap. This includes significant design, engineering, estimating and takeoff, and research and development capabilities across White Cap’s product and service portfolio.
“White Cap has relied on Dayton Superior as an established industry leader and close trusted partner for many years now. This transaction is both a continuation and deepening of this strong relationship to benefit our customers and associates,” said Alan Sollenberger, CEO of White Cap. “Dayton Superior’s strong teams have the technical and operational expertise to help White Cap expand our value-added services and grow our one-stop shop.”
“White Cap and Dayton Superior have complementary company cultures that are focused on building trust with customers through relationship-building and project selling, while using the strength of teamwork to deliver excellent customer service,” said Mark Carpenter, CEO of Dayton Superior. “Dayton Superior extends White Cap’s offerings, allowing both White Cap and Dayton Superior to better serve all customers and position us for an exciting future of growth.”
Dayton Superior brings distribution centers, global manufacturing and sourcing capabilities, rental yards, and a centrally located Innovation Center for customer training and the development and testing of new products, all supported by more than 690 associates located across 32 U.S. states and five countries. Through these facilities, Dayton Superior extends and enhances availability and access to critical products and services for customers.
Dayton Superior offers complementary products and services needed to complete all types of specialty construction projects, including well-known brands like Aztec®, BarLock®, Symons®, Steel-Ply®, Superior Tilt™, Tilt-Werks® and Taper-Lock®, which are used daily for concrete chemicals, concrete accessories, forming, shoring, precast and tilt-up needs.
“We are excited to welcome the Dayton Superior team to the White Cap family,” said Scott Riggs, COO of White Cap. “Our new teammates have incredible relationships, experience and technical expertise that are critical to our customers. This leadership team has revitalized the Dayton brands, and we believe this combination will bring our customer service levels to new heights.”
Mark Carpenter will continue to lead the Dayton Superior business, reporting to Scott Riggs, COO.
Debevoise & Plimpton LLP served as legal counsel to White Cap for the transaction. Thompson Hine LLP served as legal counsel to Dayton Superior for the transaction and RBC Capital Markets, LLC served as Dayton Superior’s investment banker.
About White Cap
White Cap and its affiliates serve as a one-stop shop, providing concrete accessories and chemicals, tools and equipment, building materials and fasteners, erosion and waterproofing products, and safety products to professional contractors by meeting their distinct and customized supply needs in non-residential, infrastructure, and residential end markets. White Cap operates approximately 450 branches across North America with more than 9,500 employees supporting approximately 200,000 customers. For more information about White Cap, visit about.whitecap.com.
About Dayton Superior
Dayton Superior Corporation is the leading provider of highly engineered accessories, chemicals and forming solutions within the concrete construction industry. The company’s products are found on many of the world’s most prominent civil infrastructure, institutional and commercial construction projects. For more information, visit www.daytonsuperior.com.
Contact:
Karissa Bursch – White Cap Public Relations – karissa.bursch@whitecap.com – (404) 790-3754
Source: White Cap Supply Holdings, LLC