Deal announced May 2019 · United States Verified
Embassy Group and WIT & Co. sign LOI to merge into largest US plumbing group
Embassy Group and WIT & Co., two member-owned independent plumbing/heating/waterworks buying groups, signed a Letter of Intent to merge, creating the largest plumbing group in the country by revenue ($8.5B+ combined, 138 members, 1,450 locations).
“The board of directors of both Embassy Group and WIT & Co. announced the two companies have signed a Letter of Intent to merge the businesses.”
Entities
Embassy Group · Acquirer WIT & Co. · Target
HVACPlumbing Sentiment: Positive
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