Add-on Acquisition • Internet Software and Services

Ferguson Waterworks Acquires Power Equipment Direct

On January 1, 2011, Ferguson Waterworks acquired internet software and services company Power Equipment Direct

Acquisition Context
  • This is Ferguson Waterworks’ 1st transaction in the Internet Software and Services sector.
  • This is Ferguson Waterworks’ 30th transaction in the United States.
  • This is Ferguson Waterworks’ 1st transaction in Illinois.

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M&A Deal Summary

Date January 1, 2011
Target Power Equipment Direct
Sector Internet Software and Services
Buyer(s) Ferguson Waterworks
Deal Type Add-on Acquisition
Advisor(s) Lazard Middle Market (Financial)

Target Company

Power Equipment Direct

Bolingbrook, Illinois, United States
Power Equipment Direct, Inc. provides online power equipment.
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Buyer Overview 1

Buyer

Ferguson Waterworks

Newport News, Virginia, United States

Category Company
Founded 1953
Sector Distribution
Employees1,900
DESCRIPTION

Ferguson is a diverse wholesale distributor with operations spanning multiple business groups. The company is ranked by trade publications as the largest wholesale distributor of residential and commercial plumbing supplies and pipe, valves and fittings(PVF) in the US. It is also the fourth largest distributor of heating and cooling equipment (HVAC/R) and the second largest company within the waterworks industry.


Deal Context for Buyer #
Overall 30 of 52
Sector: Internet Software and Services 1 of 1
Type: Add-on Acquisition 28 of 49
State: Illinois 1 of 1
Country: United States 30 of 52
Year: 2011 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-19 Mastercraft Cabinets

Naples, Florida, United States

Mastercraft Cabinets, Inc. is a cabinet distributor operating from a single facility in Naples, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-09 Davis & Warshow

Maspeth, New York, United States

Davis & Warshow, Inc. is a residential and commercial plumbing supplier.

Buy -