October 4, 2022
Cascadia Capital, an investment bank serving middle market clients globally, today announced it acted as the exclusive financial advisor to Valley Supply Company (“Valley Supply” or the “Company”), a Washington-based distributor of construction materials, in its acquisition by White Cap L.P. (“White Cap”), a leading North American distributor of specialty construction supplies and services, and concrete accessories.
Based in Washington and founded in 1973, Valley Supply is a leading value-added distributor of construction materials to residential and commercial contractors across Central and Western Washington. Together with White Cap, Valley Supply expands its product breadth and enhances the Company’s exceptional service for its customers.
“Cascadia’s combination of deep domain expertise, strategic process design and insightful counsel led to an exceptional outcome for Valley Supply and our employees,” said Jeff Taylor, President of Valley Supply. “The team served as a trusted advisor throughout the process, supporting us at every point along the way. Cascadia’s thoughtful articulation of our value proposition resulted in a buyer who equally valued the importance of our employee-centric culture and unique growth opportunity.”
“Jeff and his team have built a best-in-class organization and earned a reputation as the premier distributor of specialty building products to a broad base of loyal customers,” said Naaman Heyman, Senior Vice President and Head of Building Products and Distribution at Cascadia. “It was a pleasure to support the Valley Supply team throughout the process and deliver a great outcome for the Company and its employees.”
The acquisition represents another successful transaction in the Industrials practice for Cascadia at the intersection of the Building Products and Distribution sectors. Similar prior transactions include the sale of Architectural Mailboxes to Gibraltar Industries, the sale of Application Specialties to DXP Enterprises, and the sale of SASE Company to Blue Point Capital Partners.
For more information about this transaction, please contact the Cascadia Capital deal team:
Senior Vice President
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