Morsco signs agreement to acquire Fortiline Waterworks

Morsco, an Advent International PE 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.

“Morsco Inc.](http://www.morscousa.com), 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](http://www.fortiline.com), a portfolio company of CHS Capital LLC and one of the largest waterworks distributors in the U.S., as its waterworks distribution platform.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.