Bradco Supply

Bradco Supply was a distributor of building materials for the commercial and residential building markets, particularly roofing supplies.

Bradco Supply
TypeSubsidiary
IndustryDistribution
Founded1966
FounderBarry Segal
HeadquartersAvenel, New Jersey, United States
Number of locations
130 branches in 30 States
Area served
USA
ProductsBuilding 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.[2]

In 2007, Apollo Management acquired a minority interest in Bradco Supply.[3] The following year, Advent International acquired a majority ownership in Bradco Supply.[4] Also in 2008, founder Barry Segal retired.[2]

In 2010, Bradco was acquired by ABC Supply.[5] In 2013, ABC repurchased all outstanding shares from minority stakeholders, including the stakes the investors had in Bradco.[6][1]

References

  1. Tierney, Jim (May 13, 2010). "ABC Supply Acquires Bradco Supply". Retrieved 2014-05-11.
  2. "Founder of Bradco Supply to retire". HBS Dealer. Retrieved 2020-09-21.
  3. "Apollo Buys Into Bradco". Venture Capital Journal. 2007-01-11. Retrieved 2020-09-21.
  4. Meikle, Brad (2008-07-23). "PE Week Wire: Wednesday, July 23, 2008". Buyouts. Retrieved 2020-09-21.
  5. "ABC Supply finalizes purchase of Bradco Supply". Wisconsin State Journal. 1 July 2010. Retrieved 2020-09-21.
  6. Schuyler, David (11 March 2013). "ABC Supply buying out minority shareholders". Milwaukee Business Journal.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.