White Cap Supply Holdings announced that it has closed on an agreement to acquire Diamond Tool & Fastener, based in Philadelphia, Pa., with another location in Edgewater Park, N.J. and a distribution center in Bristol, Pa.
White Cap serves as a one-stop shop providing concrete accessories and chemicals, tools and equipment, as well as building materials and fasteners. Diamond Tool will join White Cap in the Northeast Region in serving its local customers with exceptional customer service.
“Diamond Tool is in the heart of Philadelphia and the team does an incredible job serving customers in this centralized, high-volume area,” said John Stegeman, CEO of White Cap. “With the additional location in Edgewater Park and a distribution center in Bristol, we look forward to the expanded service locations and product offerings we can now offer our mutual customers in the Philadelphia area as a combined business.”
Diamond Tool supplies the professional contractors with the tools and knowledge needed to get the job done. Offering sales, rentals, service, equipment training, and more, Diamond Tool has the products and services for every type of job.