White Cap Industries, one of the West Coast's largest distributors of building supplies to contractors, has been building new banking relationships.

When White Cap executives decided to go public last fall, they tapped BancAmerica Robertson Stephens to co-lead the company's $78 million initial public offering. They had been familiar with Robertson Stephens ever since the firm made a private equity investment in their company, months before the investment bank was acquired by BankAmerica Corp.

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