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The company was founded in 1974 as Maintenance Warehouse in San Diego, CA. In 1997, The Home Depot purchased Maintenance Warehouse with its dedicated delivery trucks and free delivery service. In 2004, Maintenance Warehouse changed its name to HD Supply. In January 2006, Home Depot announced that it was acquiring Hughes Supply in a $3.2 billion ...
Hughes Supply was integerated into the Home Depot division known as HD Supply. In June 2007, Home Depot sold its supply unit for $10.3 billion to a consortium of three private equity firms, The Carlyle Group, Bain Capital and Clayton, Dubilier & Rice, each agreeing to buy a one-third stake in the division. Home Depot sold its wholesale ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 16 February 2025. American multinational home improvement supplies retailing company The Home Depot, Inc. A Home Depot in Onalaska, Wisconsin Company type Public Traded as NYSE: HD DJIA component S&P 100 component S&P 500 component Industry Retail (home improvement) Founded February 6, 1978 ; 47 years ...
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Nardelli, who regarded home improvement store-by-store sales as less important due to market saturation from competition such as Lowe's, aimed to dominate the wholesale housing-supply business through building up HD Supply, a unit that Blake sold for $8.5 billion in August 2007 since it was not part of Home Depot's integrated business. [5]
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