M&A Deal Summary

Ferguson Acquires Safe Step

On May 22, 2024, Ferguson acquired business services company Safe Step

Acquisition Highlights
  • This is Ferguson’s 1st transaction in the Business Services sector.
  • This is Ferguson’s 9th transaction in the United States.
  • This is Ferguson’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2024-05-22
Target Safe Step
Sector Business Services
Buyer(s) Ferguson
Deal Type Add-on Acquisition

Target

Safe Step

Nashville, Tennessee, United States
Safe Step is an independent dealer licensed to sell and install Safe Step walk-in tubs and showers in the Midwest, serving the growing senior/aging-in-place market. Safe Step is based in Nashville, Tennessee.

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Buyer(S) 1

Buyer

Ferguson

Wokingham, United Kingdom
Category Company
Founded 1887
Sector Distribution
Employees35,000
Revenue 29.7B USD (2023)
DESCRIPTION

Ferguson is a distributor of plumbing and heating products and a leading supplier of building materials. Ferguson was founded in 1887 and is based in Wokingham, United Kingdom.

DEAL STATS #
Overall 38 of 38
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 36 of 36
State (Tennessee) 1 of 1
Country (United States) 9 of 9
Year (2024) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-22 Southwest Geo-Solutions

Austin, Texas, United States

Southwest Geo-Solutions is a distributor of erosion control, containment, geotextile, and geogrid products. Southwest Geo-Solutions is based in Austin, Texas.

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