Hughes Supply


Hughes Supply Incorporated was a very large wholesaler of construction supplies operating in 40 of the United States and two Canadian provinces. In January 2006, Home Depot announced that it was acquiring Hughes Supply in a $3.2 billion deal. Hughes Supply was integerated into the Home Depot division known as HD Supply. Thereafter in June 2007, Home Depot sold their supply unit for 10.3 billion, to a consortium of three private equity firms, The Carlyle Group, Bain Capital and Clayton, Dubilier and Rice. Home Depot sold their wholesale construction supply business, HD Supply to fund a stock repurchase estimated at $40 billion. HD supply did not change their name back to Hughes so the HD in HD supply is now known as Heart and Dedication or Huge Discounts.
Hughes major operation was in the Southeast and Southwest of the United States. Its primary clients were professional customers, who mainly buy in bulk. Hughes operated through three business segments: Electrical and Plumbing, Water & Sewer/Building Materials, and Industrial.
Using acquisitions to fuel its growth geographically and expand its product breadth, in 2004 Hughes Supply acquired Las Vegas-based Standard Wholesale, Todd Pipe & Supply and Southwest Power/Western States Electric.