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Majority stake Announced May 2019

Embassy Group and WIT & Co. sign LOI to merge into largest US plumbing group

Relationship map

Relationship map for Embassy Group and WIT & Co. sign LOI to merge into largest US plumbing groupparent ofEmbassy Industries: Operating CompanyEmbassy IndustriesWIT & Co.: Operating CompanyWCWIT & Co.
Operating Company

Parties

Acquirer
Embassy Industries
Operating Company
Target
WIT & Co.
Operating Company

Summary

Embassy Group and WIT & Co., two member-owned independent plumbing/heating/waterworks buying groups, signed a Letter of Intent to merge, creating the largest plumbing group in the country by revenue ($8.5B+ combined, 138 members, 1,450 locations).

Primary source