Hendricks Holdings Company

What Hendricks Holdings Company does

Hendricks Holding Company, Inc. (HHC) is a privately held investment firm headquartered in Beloit, Wisconsin, that owns and operates a diversified portfolio of companies across construction materials distribution, logistics, manufacturing, real estate, hospitality, and healthcare. The firm was established in 2001 by Diane and Ken Hendricks as a vehicle to consolidate and grow businesses beyond American Builders & Contractors Supply Co., Inc. (ABC Supply), which they co-founded in 1982 and which remains the crown jewel: the largest wholesale distributor of roofing products in the United States, operating more than 900 branches across the U.S. and Canada and generating approximately $20.2 billion in annual revenue. ABC Supply and the L&W Supply interior building products subsidiary (acquired 2016, 270+ branches) anchor the operating revenue base, while adjacent operating subsidiaries span steel supply, freight and barge logistics, hospitality and country clubs, real estate development, rotational and injection molded plastics, industrial refrigeration components, equine and agricultural mats, custom stainless tanks, e-waste recycling, and commercial general contracting.

HHC generates revenue primarily through its wholly-owned operating subsidiaries in building materials distribution, manufacturing, and services; minority equity stakes in healthcare, biotech, and entertainment companies are non-consolidated. Pricing is not publicly disclosed, reflecting the company's private status and the operational autonomy granted to portfolio businesses. The customer base is predominantly fragmented independent construction contractors served through ABC Supply and L&W Supply's branch networks, supplemented by municipal, industrial, and consumer demand for the manufacturing, logistics, recycling, and hospitality businesses. Corporate governance transitioned in 2024 when Diane Hendricks stepped down as Chairman after holding the role since 2007, with Brent Fox assuming the Co-Chairperson, President and CEO role; in 2025, HHC was merged into its parent DMHE entity and the combined company was renamed Hendricks Holding Company, Inc., consolidating the ownership structure under Diane Hendricks.

The portfolio strategy pairs core operating businesses that benefit from scale and distribution advantages (ABC Supply, L&W Supply, Blackhawk Logistics, Hendricks Commercial Properties) with a long tail of niche manufacturing and services companies, plus selective minority investments in higher-growth verticals such as radiopharmaceuticals, surgical navigation, and oncology therapeutics. Geographic exposure spans the United States, Canada, and Germany. No institutional capital, public listing, or external funding rounds are referenced; the firm is entirely founder-owned and self-funded.

Name

Hendricks Holdings Company

Legal name

Hendricks Holding Company, Inc.

Website

https://hendricksholding.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Hendricks Holding Company, Inc. is a privately held Beloit, Wisconsin-based investment firm owning a diversified portfolio anchored by ABC Supply, the largest U.S. wholesale distributor of roofing products with 900+ branches and ~$20 billion in revenue, plus L&W Supply, logistics, manufacturing, real estate, and healthcare holdings.

Ownership category

akta.pro rank

Product category

Private Investment Holding Company

NAICS

Corporate, Subsidiary, and Regional Managing Offices (551114)

SIC

Wholesale-Lumber & Other Construction Materials (5030)

akta.pro primary industry

Windows, Doors & Millwork Distribution (CRAOAFAI)

Keywords

• Private investment firm
• Building materials distribution
• Wholesale roofing supply
• Portfolio holding company
• Diversified industrial holdings

Headquarters

HQ city

Beloit

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain, Others

Distribution channels1 record

Core offering

Hendricks Holding Company, Inc. (HHC) is a private investment firm that owns, oversees, and provides resources to a diverse portfolio of financially strong, sustainable operating companies. The portfolio spans wholesale building materials distribution (ABC Supply, L&W Supply), steel supply, logistics and transportation, hospitality, real estate, manufacturing, healthcare, construction, recycling, and entertainment. The core revenue-generating subsidiaries are ABC Supply (the largest U.S. wholesale distributor of roofing products with over 900 locations) and L&W Supply (a leading distributor of interior building supplies with over 270 branches).

Product overview

Hendricks Holding Company, Inc. is a private investment firm that oversees a diverse portfolio of companies rather than offering a single unified product. The portfolio spans multiple industries including building materials distribution (ABC Supply, L&W Supply), steel supply, logistics and transportation (Blackhawk Logistics, Blackhawk Transport, Hendricks River Logistics), hospitality (Geronimo Hospitality Group, The Beloit Club), real estate (Hendricks Commercial Properties), manufacturing (Henry Technologies, HT Industrial Holdings, Humane Manufacturing, Stainless Tank & Equipment), healthcare (NorthStar Medical Technologies, Monopar Therapeutics), construction (Corporate Contractors, Inc., Composite Panel Systems), entertainment (Starlings Entertainment), private equity (Marsh Global Holdings), recycling (Universal Recycling Technologies), and hunting (Blonhaven Hunt Club). The primary revenue-generating core products are ABC Supply (roofing and building materials distribution with 900+ locations, $20.2-20.7 billion annual revenue) and L&W Supply (interior building supplies with 270+ locations).

Differentiator

Problem solved

Functional benefit

Products and services

• American Builders & Contractors Supply Co., Inc. (ABC Supply) The largest wholesale distributor of roofing products in the United States, also distributing siding, windows, and other select exterior and interior building products, tools, and related supplies. Operates over 900 locations across the U.S. and Canada.
• L&W Supply Corporation One of the nation's largest distributors of interior building supplies and construction materials, with over 270 branches nationwide.
• American Industrial Steel & Supply, LLC Independent wholesaler of commercial and residential steel serving local manufacturing companies, municipalities, construction crews, farmers and metal workers.
• Blackhawk Logistics, LLC Freight and transportation services throughout the U.S. and Canada offering freight management, broker services, network design, invoice factoring, equipment lease, and consulting services.
• Blackhawk Transport, Inc. Freight and transportation company with a fleet of vans, flatbeds, and conestogas available throughout the U.S. and Canada, operating both company trucks and owner/operator trucks.
• Geronimo Hospitality Group, LLC Owns and operates a growing collection of award-winning upscale boutique hotels, eateries, clubs, and co-working spaces.
• Hendricks Commercial Properties, LLC Invests in, manages, and develops real estate throughout the United States, specializing in net leased real estate investments and development.
• Hendricks River Logistics, LLC Located on the Mississippi River, offers rail spur and barge fleeting for transloading, with 16,000 feet of private industry track and barge fleeting area for 80+ barges.
• Henry Technologies GmbH Manufacturer of high-quality plastic parts produced via rotational molding and injection molding, serving agricultural and automotive sectors with wheel covers, tanks, and cladding.
• HT Industrial Holdings, LLC Manufacturer of industrial components including condenser, stage cooler, evaporator, and expansion tank for industrial sectors.
• Humane Manufacturing, LLC Manufacturer of equine surface solutions and fitness mats, producing 100% American-made products that are long-lasting, cost-effective, and easy to install.
• NorthStar Medical Technologies, LLC Commercial-stage radiopharmaceutical company utilizing novel technologies to produce radioisotopes for detecting and treating cancer and other serious diseases.
• Stainless Tank & Equipment Co., LLC Provides custom equipment including tanks and trailers built by American engineers and welders to meet customer specifications.
• Universal Recycling Technologies, LLC Full-service electronic waste and universal waste recycling provider serving municipalities, governments, and individual consumers with ITAD and recycling solutions.
• Composite Panel Systems, LLC Engineered foundation wall solutions replacing vertically installed concrete walls with strength, insulation, and vapor barrier in a single step.
• Corporate Contractors, Inc. Leading commercial, institutional, and industrial general contractor with design-build, construction management, and renovation and adaptive re-use capabilities.
• Elucent Medical, LLC Developed a navigation solution that guides physicians to precise locations for intervention to deliver therapy or excise targeted tissue in soft tissues lacking anatomic landmarks.
• Monopar Therapeutics, Inc. Clinical-stage biopharmaceutical company focused on developing proprietary therapeutics designed to extend life or improve quality of life for cancer patients.
• Marsh Global Holdings Ltd. Strategic private equity group that builds integrated supply chains between continents through a portfolio of manufacturing, global trade, and engineering companies.
• Starlings Entertainment, LLC Collection of companies focused on developing, financing, and producing smartly budgeted commercial films and television series.
• Blonhaven Hunt Club, LLC The oldest continuous hunting preserve in Wisconsin, offering over 300 acres of groomed fields for hunting upland game.
• The Beloit Club, LLC Premier private golf and entertainment facility located at the Illinois/Wisconsin state line, offering golf, dining, pool, and event facilities.

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators6 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• Berkshire Hathaway: Largest U.S. private/family-controlled holding company with diverse industrial, distribution, and service subsidiaries. Comparable to HHC as a long-duration, founder-driven holding vehicle that compounds through wholly-owned operating businesses.
• Ferguson Enterprises: Large U.S. distributor of plumbing, HVAC, and waterworks products to professional contractors. Comparable wholesale distribution model and contractor customer base, though focused on different product categories.
• Koch Industries: Largest privately-held U.S. conglomerate with operations across manufacturing, building products, and services. Comparable to HHC as a privately-controlled diversified industrial holding company with long-duration capital allocation.

Direct peers

• SRS Distribution: One of the fastest-growing U.S. wholesale distributors of roofing and building products, directly competing with ABC Supply in residential roofing distribution. Highly comparable business model, customer base, and product mix.
• Beacon Roofing Supply: Major U.S. wholesale distributor of roofing materials and complementary building products. Direct competitor to ABC Supply across the U.S. with overlapping customer base of contractors.
• Builders FirstSource: Largest U.S. supplier of building products, prefabricated components, and value-added services to professional contractors. Comparable to HHC/ABC Supply in serving construction contractors with building materials distribution.
• 84 Lumber: Privately-held U.S. building materials distributor serving professional contractors with lumber, engineered wood, siding, and related products. Comparable privately-held distribution model serving similar customers.
• US LBM: Leading U.S. distributor of building materials manufactured by others, serving professional builders and contractors. Comparable wholesale distribution model with specialty building products focus.
• Foundation Building Materials: Specialty distributor of building products including insulation, gypsum, and related products serving contractors. Comparable specialty wholesale distribution model serving professional contractor customers.

Emerging players

• QXO: Building products distribution roll-up actively acquiring roofing and siding distributors to compete with ABC Supply. Comparable strategy of consolidation in fragmented building products distribution.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries22 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hendricks Holdings Company