M&A Deal Summary

Ferguson Waterworks Acquires The Plumbing Source

On October 24, 2016, Ferguson Waterworks acquired distribution company The Plumbing Source

Acquisition Highlights
  • This is Ferguson Waterworks’ 35th transaction in the Distribution sector.
  • This is Ferguson Waterworks’ 42nd transaction in the United States.
  • This is Ferguson Waterworks’ 1st transaction in Hawaii.

M&A Deal Summary

Date 2016-10-24
Target The Plumbing Source
Sector Distribution
Buyer(s) Ferguson Waterworks
Deal Type Add-on Acquisition

Target

The Plumbing Source

Honolulu, Hawaii, United States
The Plumbing Source, Inc. is a single-location is a distributor of plumbing supplier serving Honolulu, Hawaii, and has 19 associates. The company is based in Honolulu, Hawaii.

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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 42 of 52
Sector (Distribution) 35 of 36
Type (Add-on Acquisition) 40 of 49
State (Hawaii) 1 of 1
Country (United States) 42 of 52
Year (2016) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-10 Ramapo Wholesalers

Spring Valley, New York, United States

Ramapo Wholesalers, Inc. is a plumbing and HVAC supplier serving southeast New York and northern New Jersey, prides itself on providing excellent service and a superior product offering. Ramapo Wholesalers’ home office is located in Spring Valley, New York. It has 47 associates in its seven locations in the New Jersey city of Hackensack, towns of Westwood and Midland Park and the New York villages of Monsey, Spring Valley and Haverstraw.

Buy -
FOLLOWING 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 -