# White Cap Supply Holdings White Cap Supply Holdings is a Construction supply distributor / wholesaler based in Norcross, United States. ## Overview - **Organization type:** Construction supply distributor / wholesaler - **Headquarters:** Norcross, United States - **Region:** North America - **Address:** Norcross, GA, United States - **Founded:** 1976 - **Assets under management:** Undisclosed - **Website:** whitecap.com - **LinkedIn:** https://www.linkedin.com/company/wearewhitecap ## Regulatory record - **Reports private funds:** No ## About White Cap was formed in 2020 when Clayton, Dubilier & Rice acquired the construction and industrial distribution business from HD Supply for $2.9 billion (per the firm, October 2020). Before the ink dried, CD&R merged White Cap with Construction Supply Group, a portfolio company Sterling Group had assembled through over 25 acquisitions serving professional concrete contractors. The combined entity, under CEO Alan Satterwhite, instantly became an end-to-end distributor with more than 400 locations and 9,000 employees across the United States and Canada. The founding thesis was simple: professional contractors need specialty fasteners, forming systems, and safety gear that require deep jobsite knowledge — not a website cart — and no single player dominated that last-mile relationship. The firm operates across three primary asset classes: concrete accessories and forming systems, specialty fastening and power tools, and jobsite safety and equipment rental. Roughly 60% of revenue ties to non-residential construction — data centers, warehouses, infrastructure — while residential repair and remodel accounts for the remainder (per the firm's investor presentation, 2021). White Cap pursues a buy-and-build strategy, executing more than 30 acquisitions since the CD&R transaction, including the 2023 purchases of Tri-Boro Construction Supplies in Pennsylvania and Trumbull Industries in Ohio. The firm also committed to a nationwide fleet electrification partnership with Ford Pro in early 2024, deploying over 300 E-Transit vans to reduce last-mile emissions across its branch network. White Cap does not publicly disclose total deployment or AUM, though reported revenues exceeded $6 billion in 2022 (per Moody's, 2023). The firm operates a dual-headquarters structure with a customer support center in Norcross, Georgia, and a corporate office in Costa Mesa, California, plus regional distribution hubs in Chicago, Dallas, and Tampa. CD&R partner Nate Sleeper sits on the board alongside Satterwhite. White Cap's structural differentiator is its position as a private-equity consolidation vehicle inside a historically fragmented industry. Unlike its largest public competitor, contracted-materials distributor GMS, White Cap can run acquisition math on 12- to 18-month hold-to-integrate cycles without quarterly earnings pressure. The firm basically acts as the industry's aggregator of last resort for family-owned regional distributors — buying local market density while retaining the branch-level operator model that contractor relationships require. ## Sectors - Real Estate - Infrastructure ## People - Alan Satterwhite — CEO - Tracy Rosser — Chief Supply Chain Officer ## Questions ### Who owns White Cap Supply Holdings? Clayton, Dubilier & Rice acquired White Cap from HD Supply in October 2020 for $2.9 billion and simultaneously merged it with Construction Supply Group, which CD&R had previously acquired from Sterling Group. CD&R remains the controlling private-equity sponsor. ### What is White Cap's revenue mix between residential and non-residential construction? In the firm's 2021 investor materials, White Cap reported roughly 60% of revenue from non-residential construction, which includes data centers, warehouses, and infrastructure, with the remainder coming from residential repair and remodel activity. A planned public offering in 2021 was postponed, so the most current breakdown beyond 2021 is not publicly available. ### What is White Cap's geographic footprint? White Cap operates more than 400 branches across the United States and Canada, supported by regional distribution hubs in Chicago, Dallas, and Tampa, plus corporate offices in Norcross, Georgia, and Costa Mesa, California. The firm serves professional contractors in all 50 states. ### How does White Cap differentiate from GMS or Beacon Building Products? White Cap competes directly with GMS in interior construction products distribution but maintains a heavier tilt toward concrete forming and specialty accessories — segments where jobsite expertise and rental equipment bundling matter more than price. Unlike publicly traded GMS and Beacon, White Cap's private-equity backing allows multi-year acquisition integration without the quarterly disclosure cycle. ## Related profiles - [Formstack](https://altss.com/profile/formstack) - [City of Edmonton](https://altss.com/profile/city-of-edmonton) --- Last updated: 2026-08-11T02:43:31.692Z Canonical page: https://altss.com/profile/white-cap-supply-holdings Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology