The cooperative grew in membership and in 1962 Cotter & Company purchased the assets of Hibbard Spencer Bartlett & Company (formerly led by Adolphus C. Bartlett) for $2.5 million, acquiring the True Value trademark for $2500 as part of the acquisition.

In July 2017 True Value was offered for sale, and competitor Ace Hardware expressed interest in purchasing it.

[11] Eventually, in 2018, international private equity investment firm, ACON, purchased True Value.

[8] In 2019 True Value announced a new 1.4 million square foot facility, set to open that fall in Hanover Township, Pennsylvania, intended to service approximately 1,000 stores.

[13] On October 14, 2024, True Value filed for Chapter 11 bankruptcy protection as it continued to face liquidity challenges caused by inflation and rising interest rates.