I'm curious to know, who exactly were the individuals or entities that initiated the establishment of
CORE and Main? I'm particularly interested in understanding the motivation behind their decision to embark on this venture, as well as their background and expertise that led them to this point. Can you provide me with a concise yet informative answer to this question?
6 answers
Andrea
Mon Sep 02 2024
Parallel to the financial aspect, King & Spalding, a prominent law firm, provided legal counsel to HD Supply throughout the acquisition process. Their expertise in corporate law and transactional matters was instrumental in navigating the complexities of the deal.
CryptoTitan
Mon Sep 02 2024
In the realm of financial and cryptocurrency history, a pivotal moment occurred on August 1, 2017. Clayton, Dubilier & Rice, a renowned private equity firm, executed a strategic acquisition that reshaped the industry landscape.
Maria
Mon Sep 02 2024
The target of their acquisition was the Waterworks division of HD Supply, a company previously known for its diverse offerings in the construction and industrial sectors. This move signaled a shift in focus towards a more specialized and targeted approach.
SolitudeNebula
Mon Sep 02 2024
Following the acquisition, the Waterworks division underwent a transformational rebranding. It was rechristened
CORE & Main, a name that embodies the essence of its new identity and direction.
ethan_lewis_journalist
Mon Sep 02 2024
Goldman Sachs & Co, LLC, a prestigious global financial institution, played a pivotal role in facilitating the transaction. As financial advisor to HD Supply, they leveraged their expertise and resources to ensure a smooth and successful outcome.