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Announced

Completed

Core & Main completed the acquisition of Foster Supply.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

United States

Majority

construction equipment

Diversified Industrials

Single Bidder

Domestic

Private

Completed

Synopsis

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Core & Main, a company in advancing reliable infrastructure with local service, completed the acquisition of Foster Supply, a full-service provider of precast concrete structures, pipe, drainage materials and related geosynthetics products. Financial terms were not disclosed. “Foster Supply is a long-established partner of choice for contractors and municipalities seeking innovative solutions to unique work site challenges. Bringing the Foster Supply team into Core & Main will allow us to combine our collective expertise and differentiated product and service offerings to better meet the needs of our waterworks and geosynthetics customers," Steve LeClair, Core & Main CEO.

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