Morsco (Advent International) signs agreement to acquire Fortiline Waterworks from CHS Capital

Morsco, an Advent International portfolio company distributing plumbing and HVAC products, signed a definitive agreement to acquire Fortiline Waterworks (a CHS Capital portfolio company) as its waterworks distribution platform, with Advent making a new equity investment.

“Morsco Inc., a distributor of commercial and residential plumbing products, HVAC equipment, and pipe, valves and fittings (PVF), 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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