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Announced

Completed

Clayton, Dubilier & Rice and The Sterling Group-backed White Cap completed the acquisition of Form Tech Concrete Forms from Kirtland Capital.

Synopsis

Clayton, Dubilier & Rice and The Sterling Group-backed White Cap, a distributor of specialty construction supplies and safety products for professional contractors, completed the acquisition of Form Tech Concrete Forms, a provider of concrete forming and shoring rental equipment and related consumable products serving contractors, from Kirtland Capital, a Cleveland based private equity fund. Financial terms were not disclosed. "We are excited to expand our forming and shoring capabilities across multiple markets thanks to the strong talents of the Form Tech team. By combining our knowledgeable teams, we are able to strengthen our ability to deliver an unparalleled depth and breadth of products and services to our customers," John Stegeman, White Cap CEO.

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