
Dangelo is a wholly-owned subsidiary of Core & Main Inc. (NYSE: CNM), which acquired J.W. D'Angelo Co., Inc. in July 2023. Dangelo operates three branches in La Habra, Beaumont, and Lakeside, California, distributing fire protection and waterworks products to contractors and municipalities across Southern California. Core & Main is headquartered in St. Louis, Missouri, and reported approximately $7.7 billion in net sales for fiscal year 2024.
Parent Company
Acquired
2023
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Dangelo | Core & Main Inc. | Wholly owned |
J.W. D'Angelo Co., Inc. was founded in 1987 by John W. D'Angelo in La Habra, California. The company began as a single-location distributor of fire protection and waterworks products serving contractors in Orange County and the greater Los Angeles metropolitan area. D'Angelo identified a gap in the Southern California market for a distributor that combined deep technical knowledge of fire protection systems with responsive local service, a model that larger national distributors struggled to replicate at the regional level.
The company's product range centered on pipe, valves, fittings, post indicator valves, storm drain and sewer materials, and related waterworks and fire protection components. These products serve municipal water systems, commercial building fire suppression systems, and residential water infrastructure. Dangelo's customer base included municipalities, private water companies, and professional contractors working on both public infrastructure projects and private construction.
Over 36 years, Dangelo expanded from its original La Habra location to three branches. The second location was opened in Beaumont, California, serving the Inland Empire region east of Los Angeles. The third location was established in Lakeside, California, serving San Diego County and southern California's desert regions. This three-branch network gave Dangelo coverage across the most populated areas of Southern California without attempting national expansion.
Dangelo remained a privately held, family-operated business throughout its independent history. John W. D'Angelo served as CEO from founding through the 2023 acquisition. The company did not disclose revenue figures publicly, but Core & Main's announcement described Dangelo as an "industry-leading provider" in the Southern California fire protection and waterworks market, indicating a business of sufficient scale to attract acquisition interest from a national distributor.
Core & Main announced the acquisition agreement on June 12, 2023, and completed the transaction on July 12, 2023. The purchase price was not publicly disclosed. At the time of acquisition, Core & Main operated approximately 320 branches nationwide, meaning Dangelo's three locations represented a regional tuck-in acquisition rather than a transformative deal. The acquisition gave Core & Main an established presence in Southern California, a market where it had limited direct operations prior to the Dangelo transaction.
Following the acquisition, Dangelo continues to operate under its own brand name as "Dangelo, A Core & Main Company." The three branch locations remain open, and the existing staff was retained. John W. D'Angelo stepped back from day-to-day management following the transition. The brand now draws on Core & Main's national supply chain and product catalog while maintaining its local customer relationships in Southern California.
Who owns Core & Main?
Core & Main is a publicly traded company listed on NYSE under ticker CNM. The company is owned by institutional investors, mutual funds, and individual shareholders. Clayton, Dubilier & Rice (CD&R), the private equity firm that acquired the business in 2017, remains a significant shareholder but has reduced its stake through secondary offerings since the 2021 IPO. Major institutional shareholders include Vanguard Group and BlackRock.
Is Core & Main publicly traded?
Yes, Core & Main is publicly traded on the New York Stock Exchange under ticker CNM. The company completed its IPO in July 2021, raising approximately $756 million at a valuation of approximately $5.2 billion. CD&R has since reduced its ownership stake through secondary offerings.
What does Core & Main distribute?
Core & Main distributes water, wastewater, storm drainage, and fire protection products. Its primary product categories include pipes, valves, and fittings (approximately 67% of sales), storm drainage products (approximately 16%), water metering products (approximately 9%), and fire protection products (approximately 8%). The company sells these products to municipalities, private water companies, and professional contractors.
What is Core & Main's revenue?
Core & Main reported net sales of approximately $7.0 billion for fiscal year 2025 (ended February 2, 2026). This represented a decline from FY2024 net sales of approximately $7.7 billion, reflecting softer construction activity and municipal spending patterns. The company continues to generate free cash flow and returns capital to shareholders through share repurchases.
When was Core & Main founded?
Core & Main was established in 2017 when private equity firm Clayton, Dubilier & Rice acquired HD Supply Waterworks from HD Supply for approximately $2.5 billion. The predecessor business, HD Supply Waterworks, was formed in 2005 when Home Depot acquired National Waterworks Holdings and merged it with Hughes Supply's waterworks division. Core & Main went public on the NYSE in July 2021.
How many branches does Core & Main have?
Core & Main operates more than 370 branches across the United States and Canada. Each branch serves as a local distribution center, maintaining inventory and providing customer service to municipalities and contractors in its geographic area. The company expanded into Canada through the acquisition of Canada Waterworks in September 2025.
Who is the CEO of Core & Main?
Steve LeClair serves as CEO of Core & Main. He has led the company through its IPO, post-IPO acquisition strategy, and expansion into Canada. The company is governed by a board of directors that includes independent directors along with representatives affiliated with CD&R.
Dangelo does not publish independent sustainability reports or certifications. As a distributor rather than a manufacturer, the brand's environmental impact is primarily related to the products it supplies and its logistics operations.
Core & Main has published an ESG report covering its corporate-wide sustainability initiatives. The company's sustainability framework includes commitments to responsible sourcing, supply chain transparency, and supporting communities through reliable water infrastructure. Core & Main is not B Corp certified and does not carry product-level certifications such as organic or fair trade, which are not applicable to infrastructure distribution.
The products Dangelo distributes contribute to water conservation and fire safety outcomes. Advanced metering infrastructure products help municipalities monitor and reduce water loss. Storm drainage systems manage runoff and prevent soil erosion. Fire protection systems support building safety code compliance. These are functional outcomes of the products distributed rather than independent sustainability certifications held by the Dangelo brand.
Dangelo has not been the subject of environmental violations or regulatory actions documented in public records as of June 2026.
Dangelo has not been the subject of product safety recalls, regulatory actions, or significant public controversies as of June 2026. As a distributor rather than a manufacturer, Dangelo's exposure to product liability is limited to the products it supplies, which are manufactured by third-party suppliers.
The waterworks and fire protection distribution industry is subject to regulatory compliance requirements under California's building codes, environmental regulations, and water quality standards. Dangelo must ensure that the products it distributes meet applicable standards, including NSF/ANSI certifications for water contact products and UL listings for fire protection components. No documented instances of Dangelo distributing non-compliant products have been identified in public records.
Core & Main, the parent company, has not reported material legal proceedings or regulatory actions related to its Dangelo operations in its SEC filings or annual reports.
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| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Core Main | USA | 2018 | Specialty | United states | All-ages | |
| Vulcan Materials | United States | 2003 | Mass market | North america | All Genders | |
| Core Main | USA | 1963 | Regional specialist | United states | All Genders |
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