Consolidation trend Sep 2016 · USA Verified
Advent-backed Morsco built a coast-to-coast distribution platform via acquisitions since 2011
Morsco describes a multi-year buy-and-build expansion across plumbing and HVAC distribution since the 2011 purchase of Morrison Supply, now extending into waterworks.
“Since the purchase of Morrison Supply Company in November 2011, our intent was to become a world-class distributor in plumbing, HVAC, and waterworks. In less than five years, we have expanded coast to coast through acquisitions and organic growth primarily in plumbing and HVAC.”
Entities
Advent International · Sponsor Morsco Inc. · Platform
HVACPlumbing
Source: www.achrnews.com
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