Ferguson to Acquire FloWorks in $1.6 Billion Deal

Ferguson to acquire FloWorks in $1.6 billion deal

Ferguson Enterprises Inc. announced it has entered into a definitive agreement to acquire FWI Holdings, Inc., a leading industrial distributor and service provider of highly technical valves and flow control solutions, from Wynnchurch Capital L.P.

Wynnchurch Capital Announces $1.6 Billion Sale of FloWorks to Ferguson Enterprises

ROSEMONT, Ill. -- Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle market private equity firm, today announced it has entered into a definitive agreement to sell FWI Holdings, Inc. (“FloWorks” or the “Company”) to Ferguson Enterprises, Inc. (NYSE: FERG; LSE: FERG). The cash transaction values FloWorks at an enterprise value of approximately $1.6 billion.

Ferguson to buy FloWorks from Wynnchurch Capital for $1.6 billion

July 13 (Reuters) - Plumbing supplies distributor Ferguson Enterprises said on Monday it ​has agreed to ‌acquire FloWorks from private equity firm Wynnchurch Capital for about $1.6 billion in cash, ‌strengthening ​its portfolio of ⁠industrial flow-cont...

Ferguson Enterprises to acquire FloWorks for $1.6B (FERG:NYSE)

Ferguson (FERG) to acquire FloWorks for $1.6B: deal terms, expected synergies, and 2026 close timeline.

Ferguson to acquire FloWorks

Ferguson Enterprises Inc. has announced that it has entered into a definitive agreement to acquire FWI Holdings, Inc. (FloWorks), an industrial distributor and service provider of highly technical valves and flow control solutions, from Wynnchurch Capital L.P.

Wynnchurch Capital agrees $1.6bn sale of FloWorks to Ferguson Enterprises

Middle-market private equity firm Wynnchurch Capital has agreed to sell industrial distribution platform FloWorks International to Ferguson Enterprises in a cash transaction valuing the business at approximately $1.6bn. The deal marks the exit of Wynnchurch’s investment after acquiring the Houston-based company in January 2023 and executing an acquisition-led growth strategy that significantly expanded the business. During its ownership, FloWork…