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The Home Depot acquired Interline Brands in July 2015 for $1.6 billion from P2 Capital Partners, Goldman Sachs' private equity arm, and the management of Interline Brands. The acquisition of Interline Brands allows The Home Depot access to expand its business to the multi-family sector, hospitality, and industrial area.
The Home Depot, Inc. The Home Depot, Inc., often simply referred to as Home Depot, is an American multinational home improvement retail corporation that sells tools, construction products, appliances, and services, including fuel and transportation rentals. Home Depot is the largest home improvement retailer in the United States. [3]
Owner. Kohlberg Kravis Roberts & Co. L.P. Website. www .internetbrands .com. MH Sub I, LLC, doing business as Internet Brands, is a digital media, marketing services, and software company based in El Segundo, California, United States, that operates online media, community, e-commerce, and SaaS businesses in vertical markets .
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Margins matter. The more Interline Brands (NYS: IBI) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.
The 10-second takeawayFor the quarter ended March 30 (Q1), Interline Brands met expectations on revenue and missed estimates on earnings per share. Here are the numbers you need to know.
The company was founded in 1961 by L.C. "Ring" Ringhaver, who gave up shrimp boat building to become a Caterpillar engine dealer in St. Augustine, Florida. The following year, they became a full line dealer and relocated to Jacksonville with the North Florida Caterpillar territory. In 1973 the company moved to a 38-acre (150,000 m 2) site on U ...
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