Bain Capital Partners, The Carlyle Group and Clayton, Dubilier & Rice Issue Statement on Amended Agreement to Purchase HD Supply from The Home Depot

New York & Washington, DC - "The amended agreement reached by an acquisition corporation owned by funds affiliated with Bain Capital Partners, The Carlyle Group and Clayton, Dubilier & Rice ("Buyer") and The Home Depot reflects the diligent efforts to complete the HD Supply transaction on mutually acceptable terms. We are pleased that the transaction will be completed on a basis that The Home Depot and the lending institutions can support."

"As the Buyer, we are particularly gratified to have reached this favorable outcome in the face of challenging conditions. We look forward to closing the transaction and working with the HD Supply management team on the company's next phase of growth as an independent enterprise."