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Bradco Supply

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Bradco Supply
Company typeSubsidiary
IndustryDistribution
Founded1966
FounderBarry Segal
HeadquartersAvenel, New Jersey, United States
Number of locations
130 branches in 30 States
Area served
USA
ProductsBuilding 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

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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

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  1. ^ a b Tierney, Jim (May 13, 2010). "ABC Supply Acquires Bradco Supply". Retrieved 2014-05-11.
  2. ^ a b "Founder of Bradco Supply to retire". HBS Dealer. Retrieved 2020-09-21.
  3. ^ "Apollo Buys Into Bradco". Venture Capital Journal. 2007-01-11. Retrieved 2020-09-21.
  4. ^ Meikle, Brad (2008-07-23). "PE Week Wire: Wednesday, July 23, 2008". Buyouts. Retrieved 2020-09-21.
  5. ^ "ABC Supply finalizes purchase of Bradco Supply". Wisconsin State Journal. 1 July 2010. Retrieved 2020-09-21.
  6. ^ Schuyler, David (11 March 2013). "ABC Supply buying out minority shareholders". Milwaukee Business Journal. Archived from the original on 2013-05-03.