Advent-backed Morsco to acquire Fortiline Waterworks from CHS Capital

Morsco, a portfolio company of PE firm Advent International, signed a definitive agreement to acquire Fortiline Waterworks (a CHS Capital portfolio company) as its waterworks distribution platform, a sponsor-to-sponsor add-on building out Morsco's plumbing/HVAC/waterworks distribution roll-up.

“announced it has signed a definitive agreement to acquire Fortiline Waterworks , a portfolio company of CHS Capital LLC and one of the largest waterworks distributors in the U.S., as its waterworks distribution platform.”

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