White Cap Acquires Ram Tool
White Cap Supply Holdings, LLC has completed the acquisition of Ram Tool Construction Supply Co., LLC.
White Cap CEO John Stegeman and President Alan Sollenberger will lead the combined company.
Page Naftel, President of Ram Tool, will also be joining White Cap as Chief Sales Officer.
“White Cap and Ram Tool drive towards the same mission of providing knowledgeable, customer-centric service to professional contractors for all specialty construction and concrete accessory needs,” White Cap CEO John Stegeman stated.
“White Cap and Ram Tool have an aligned culture centered on service and relationship-building, which makes us excited for everything to come with our combination.”
“This combination will increase our products, services, and locations to enhance our customer convenience and experience, while bringing together two incredible teams of knowledgeable professionals focused on delivering exceptional customer service,” said White Cap’s President, Alan Sollenberger.
As the two companies integrate, there will be no immediate changes to their services and offerings from White Cap or Ram Tool.
White Cap was represented by Debevoise & Plimpton LLP in the deal, and Ram Tool was represented by Nelson Mullins Riley & Scarborough LLP.