Edgeview Partners

Hajoca acquires HD Supply Plumbing/HVAC

Edgeview Partners is pleased to announce the sale of HD Supply’s Plumbing and HVAC Division (HD Supply PHVAC or the Company) to Hajoca Corporation, a leading wholesale distributor of plumbing, heating and industrial supplies in the United States. 

Edgeview served as the exclusive financial advisor to Atlanta, Georgia-based HD Supply, the parent company of HD Supply PHVAC.  Details of the transaction, which closed on September 9, were not publicly disclosed. 

HD Supply PHVAC distributes wholesale plumbing and HVAC products through a network of more than 90 branches in 15 states.  The Company offers a complete line of plumbing products to residential, commercial, light industrial, institutional and government customers from leading manufacturers and through its own line of proprietary branded products.  The Company’s products include faucets, fixtures, pipe, valves, fittings, pumps, tanks, water heaters and HVAC equipment, as well as various other products. 

HD Supply (www.hdsupply.com) is a leading wholesale distribution company providing a broad range of products to professional customers in the infrastructure, construction, maintenance, repair and remodel markets.  With a diverse portfolio of industry-leading businesses, HD Supply is one of the largest diversified wholesale distributors in North America, with approximately 680 locations. 

The sale of HD Supply PHVAC represents the fourth HD Supply divestiture transaction for Edgeview.  Edgeview represented HD Supply in the 2008 sale of its Lumber and Building Materials Division to Pro-Build Holdings, the 2009 sale of selected assets of the Countertop Fabrication Division of Creative Touch Interiors and the 2011 sale of the SESCO/QUESCO Division of HD Supply Canada to Sonepar Canada. 

Edgeview Partners (www.edgeview.com) is a leading independent investment bank focused exclusively on the middle market.  Edgeview has closed M&A transactions in more than 15 industry sectors, including aerospace and defense, applied technology, building products, business services, consumer products, diversified industrials, energy services, healthcare and transportation and logistics.

All securities products and services are offered through Edgeview Capital Securities, LLC, a registered broker-dealer and FINRA/SIPC member firm and an affiliate of Edgeview Partners.