Leonard Green & Partners L.P., on behalf of Green Equity Investors III, agreed to sell White Cap Construction Supply to The Home Depot. White Cap is a distributor of specialty hardware, tools and materials for large- and medium-sized construction contractors. Terms were not disclosed, and the transaction is expected to close early June, subject to customary conditions.
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For plumbers in Flint, Mich., “it’s been a heck of a year,” said Harold T. Harrington, a master plumber and pipefitter working as the business manager for Flint’s United Association of Plumbers and Pipefitters, Local 370. Read more stories in 2017 March Issue.