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Majority stake Announced New Jul 2026

Ferguson Enterprises to acquire FloWorks for $1.6 billion

Relationship map

Relationship map for Ferguson Enterprises to acquire FloWorks for $1.6 billionbacksparent ofWynnchurch Capital L.P.: Pe FirmWCWynnchurch Capital L.…Ferguson: PlatformFEFergusonFWI Holdings Inc.: Operating CompanyFHFWI Holdings Inc.
Operating CompanyPe FirmPlatform

Parties

Acquirer
Ferguson
Platform
Target
FWI Holdings Inc.
Operating Company
Sponsor
Wynnchurch Capital L.P.
Pe Firm

Market signals

Deal value$1.6B reported total consideration as reported by digitalcommerce360.com

Figures marked reported are drawn from a single or secondary source and are not independently confirmed. All figures are presented as reported, see Methodology.

Summary

Ferguson Enterprises announced a $1.6 billion acquisition of FWI Holdings Inc. (FloWorks) from Wynnchurch Capital L.P. The deal is expected to close in Q3 2026 and aims to expand Ferguson's addressable market into industrial sectors like data centers and semiconductors.

Primary source