Bradco Supply
 | |
| Company type | Subsidiary |
|---|---|
| Industry | Distribution |
| Founded | 1966 |
| Founder | Barry Segal |
| Headquarters | Avenel, New Jersey, United States |
Number of locations | 130 branches in 30 States |
Area served | USA |
| Products | Building products, Roofing |
| Revenue | $1.5 billion (2009)[1] |
Bradco Supply was a distributor of building materials for the commercial and residential building markets, particularly roofing supplies.
Company history
[edit]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
[edit]- ^ a b Tierney, Jim (May 13, 2010). "ABC Supply Acquires Bradco Supply". Retrieved 2014-05-11.
- ^ a b "Founder of Bradco Supply to retire". HBS Dealer. Retrieved 2020-09-21.
- ^ "Apollo Buys Into Bradco". Venture Capital Journal. 2007-01-11. Retrieved 2020-09-21.
- ^ Meikle, Brad (2008-07-23). "PE Week Wire: Wednesday, July 23, 2008". Buyouts. Retrieved 2020-09-21.
- ^ "ABC Supply finalizes purchase of Bradco Supply". Wisconsin State Journal. 1 July 2010. Retrieved 2020-09-21.
- ^ Schuyler, David (11 March 2013). "ABC Supply buying out minority shareholders". Milwaukee Business Journal. Archived from the original on 2013-05-03.
Categories:
- Distribution companies of the United States
- Business services companies established in 1966
- 2010 disestablishments in New Jersey
- Building materials companies of the United States
- Private equity portfolio companies
- Apollo Global Management companies
- 1966 establishments in New Jersey
- 2008 mergers and acquisitions
- 2010 mergers and acquisitions