M&A Deal Summary

Ferguson Waterworks Acquires P.V. Sullivan Supply

On February 16, 2017, Ferguson Waterworks acquired building materials company P.V. Sullivan Supply

Acquisition Highlights
  • This is Ferguson Waterworks’ 4th transaction in the Building Materials sector.
  • This is Ferguson Waterworks’ 44th transaction in the United States.
  • This is Ferguson Waterworks’ 2nd transaction in Massachusetts.

M&A Deal Summary
Date 2017-02-16
Target P.V. Sullivan Supply
Sector Building Materials
Buyer(s) Ferguson Waterworks
Deal Type Add-on Acquisition

Target

P.V. Sullivan Supply

Quincy, Massachusetts, United States
P.V. Sullivan Supply is a premier supplier to the commercial market in the Northeast region. Founded in 1968 as a plumbing and heating supplier serving Boston and Eastern Massachusetts, P.V. Sullivan Supply serves New England’s largest contractors and plumbing professionals.

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Buyer(S) 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 STATS #
Overall 44 of 52
Sector (Building Materials) 4 of 7
Type (Add-on Acquisition) 42 of 49
State (Massachusetts) 2 of 2
Country (United States) 44 of 52
Year (2017) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-28 Underground Pipe & Valve

Schererville, Indiana, United States

Underground Pipe & Valve has been in business for nearly 40 years and offers a full line of water and sewer products through its four locations in Indiana and Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-20 Lighting Unlimited

Houston, Texas, United States

Lighting Unlimited offers a wide selection of quality lighting products and full-service lighting design and specification services. Over 10,000 different products in stock including indoor, outdoor, landscape, low-voltage, fluorescent, halogen, LED, and natural gas lighting.

Buy -
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