Advent International divests MORSCO stake

MORSCO, which was owned by private equity firm Advent International since 2011, is being sold to Reece Group. This represents the exit of the PE sponsor from the company after a period of expansion.

“Owned by Advent International, MORSCO has 2,500 employees and distributes more than 125,000 products through its 171-branch network in 16 states.”

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