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Add-on acquisition Closed Aug 2023 Verified

Ferguson closes acquisition of three distribution firms (Bruce Supply, Kennedy, S.G. Torrice)

Relationship map

Relationship map for Ferguson closes acquisition of three distribution firms (Bruce Supply, Kennedy, S.G. Torrice)parent ofFerguson: PlatformFEFergusonS. G. Torrice: Operating CompanySGS. G. Torrice
Operating CompanyPlatform

Parties
Acquirer
Ferguson
Platform
Target
S. G. Torrice
Operating Company

Market signals

Summary

Ferguson acquired three distribution companies — Bruce Supply Corp. (plumbing), The Kennedy Companies (waterworks), and S.G. Torrice (HVAC) — closing in Q4 of its fiscal year ended July 31, with combined annualized revenues of roughly $450 million.