Here's the Deal
Baird's Investment Banking Group is pleased to announce the following transaction:
HD Supply Industrial PVF
Sale to Shale-Inland Holdings LLC
Baird served as co-advisor to HD Supply
HD Supply Industrial PVF (“IPVF”), a business of HD Supply, was recently acquired by Shale-Inland Holdings LLC (“Shale-Inland”), an affiliate of TowerBrook Capital Partners LP and The Stephens Group, LLC, for approximately $469 million.
IPVF is comprised of several businesses including Southwest Stainless & Alloy, J&J Alloys, Sunbelt Supply Co. and Metals Inc., collectively one of the largest master and industrial distributors of stainless steel, chrome, nickel and nickel alloys, aluminum and carbon steel pipe, plate, bar, coil, sheet, valves, flanges and fittings. IPVF is based in Houston, Texas.
HD Supply is one of the largest industrial distribution companies in North America. Through a diverse portfolio of industry-leading businesses, HD Supply provides a broad range of products and services to approximately 450,000 professional customers in the infrastructure and energy, maintenance, repair and improvement, and specialty construction markets. HD Supply is headquartered in Atlanta, Georgia.
Shale-Inland is a leading industrial supplier of stainless steel, aluminum and carbon steel pipe, valves and finished products used in the transportation of water, food, energy, and information to its end use. Shale-Inland is headquartered in Chicago, Illinois.
TowerBrook Capital Partners LP is an investment management firm with approximately $4.5 billion of capital under management. TowerBrook primarily pursues control-oriented private equity investments in large and middle market companies.
The Stephens Group, LLC, is a private, family-owned firm that invests capital in private companies. The Stephens Group, through its affiliates, has large positions in energy services, gas exploration and production, media, communications, consumer, manufacturing and other industries.