BELOIT, Wis., April 17, 2013 /PRNewswire/ -- ABC Supply Holding Corp., the parent company of American Builders & Contractors Supply Co., Inc. ("ABC Supply"), has completed the previously announced buyout of its minority shareholders, an investor group which included Advent International and Apollo Global Management. Diane M. Hendricks, the company's co-founder, now controls 100 percent of the shares of ABC Supply.
Financing for the transaction was underwritten by Deutsche Bank, UBS Investment Bank, Bank of America Merrill Lynch, U.S. Bank, and SunTrust Robinson Humphrey. Kirkland & Ellis LLP represented ABC Supply.
About ABC Supply
For more than 30 years, ABC Supply has been the contractor's partner in success. Headquartered in Beloit, Wis., it has more than 450 branches in 45 states and is the largest wholesale distributor of roofing in the United States and one of the nation's largest distributors of siding, windows and other select exterior building products. ABC Supply achieved revenue exceeding $4.6 billion for the calendar year 2012.
Since its founding by Ken and Diane Hendricks in 1982, ABC Supply's sole focus has been serving professional contractors – taking care of them better than any other distributor and offering the products, services and support they need to build their businesses. It accomplishes this by being an "employee-first" company that treats its associates with respect and gives them the tools they need to succeed. ABC Supply is a seven-time winner of the Gallup Great Workplace Award.
More information is available at www.abcsupply.com.
SOURCE ABC Supply Holding Corp.