Ferguson Enterprises Inc. closes fiscal year with ten acquisitions including Gerster Equipment Co. and United Water Works, Inc.
Aug 13, 2024•over 1 year ago
Acquiring Company
Ferguson Enterprises
Acquired Company
Gerster Equipment
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.
M&A Insights
Based on deal dataIntegration 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