Posted September 5, 2019

HD Supply acquires Presto Maintenance Supply

HD Supply Holdings has acquired Houston-based Presto Maintenance Supply, a maintenance, repair and operations distribution company.

Presto Maintenance Supply primarily serves the Houston metro-area multifamily industry and generated $15 million in sales in 2018. The deal closed on Sept. 1, and terms were not disclosed.

“We are excited to welcome Presto Maintenance Supply to the HD Supply Facilities Maintenance team,” said Brad Paulsen, president, HD Supply Facilities Maintenance. “In addition to acquiring a respectable business with a strong cultural fit and great end-market alignment, this acquisition further strengthens our ability to provide products and services for existing and new customers.”