Core & Main Plans to Go Public With IPO
Core & Main Core & Main, one of North America's top distributors of waterworks products, plans to become a publicly-traded company, as the firm shared May 21 that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to the proposed initial public offering of shares of its Class A common stock. St. Louis-based Core & Main formerly comprised the Waterworks segment of HD Supply until it was sold off in 2017 to private investment firm Clayton, Dubilier & Rice for $2.5 billion. CD&R then rebranded the company as Core & Main, and the distributo...
Source: inddist.com