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Ferguson Enterprises Inc. closes fiscal year with ten acquisitions including Gerster Equipment Co. and United Water Works, Inc.

Aug 13, 2024over 1 year ago

Acquiring Company

Ferguson Enterprises

Acquired Company

Gerster Equipment

DelawareWholesale

Description

Ferguson Enterprises Inc. concludes its fiscal year by announcing the closing of two acquisitions: Gerster Equipment Co. and United Water Works, Inc. These acquisitions advance Ferguson's strategy by expanding its product offerings and strengthening its presence in key regions.

Company Information

Company

Ferguson Enterprises

Location

751 Lakefront Commons

Delaware, United States

About

Ferguson Enterprises Inc. is a newly incorporated corporation under the laws of Delaware, and it is an important part of the merger and acquisition activities of the Ferguson plc. The company is committed to the successful implementation of the merger agreement with Ferguson plc and other related activities.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed