Bradco Supply Explained

Bradco Supply
Type:	Subsidiary
Foundation:	1966
Founder:	Barry Segal
Location:	Avenel, New Jersey, United States
Locations:	130 branches in 30 States
Area Served:	USA
Industry:	Distribution
Products:	Building products, Roofing
Revenue:	$1.5 billion (2009)

Bradco Supply was a distributor of building materials for the commercial and residential building markets, particularly roofing supplies.

Company history

Bradco Supply was founded in 1966 by Barry Segal, with a single warehouse in Avenel, New Jersey.^[1]

In 2007, Apollo Management acquired a minority interest in Bradco Supply.^[2] The following year, Advent International acquired a majority ownership in Bradco Supply.^[3] Also in 2008, founder Barry Segal retired.

In 2010, Bradco was acquired by ABC Supply.^[4] In 2013, ABC repurchased all outstanding shares from minority stakeholders, including the stakes the investors had in Bradco.^{[5] [6]}

References

1. Web site: Founder of Bradco Supply to retire. 2020-09-21. HBS Dealer. en.
2. Web site: 2007-01-11. Apollo Buys Into Bradco. 2020-09-21. Venture Capital Journal. en-US.
3. Web site: Meikle. Brad. 2008-07-23. PE Week Wire: Wednesday, July 23, 2008. 2020-09-21. Buyouts. en-US.
4. Web site: 1 July 2010. ABC Supply finalizes purchase of Bradco Supply. 2020-09-21. Wisconsin State Journal. en.
5. Web site: Schuyler. David. 11 March 2013. ABC Supply buying out minority shareholders. live. https://web.archive.org/web/20130503095644/http://www.bizjournals.com:80/milwaukee/news/2013/03/11/abc-supply-buying-out-minority.html . 2013-05-03 . Milwaukee Business Journal.
6. Web site: Tierney. Jim. May 13, 2010. ABC Supply Acquires Bradco Supply. 2014-05-11.