There has been a delay in the closing of the
$10.3 billion sale of HD Supply, Home Depot Inc.’s wholesale distribution arm.
Private equity firms Clayton Dubilier & Rice, Carlyle Group, and Bain
Capital have pushed the sale from Aug. 16 to Aug. 23, and could fail to move
forward. Home Depot's discussions on restructuring the sale with affiliates of
the three firms could lead to a lowering of the sale price.
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As electronics continue to become smaller, faster, and more affordable, more and more contractors are investing in fleet-management solutions that help reduce their technicians’ time on the road, improve productivity, save gas, and protect these major assets from misuse or theft. Read more stories in 2017 April Issue.