Ferguson plc merges with Ferguson Enterprises Inc. to form New TopCo and undergoes significant structural changes
Apr 18, 2024•over 1 year ago
Acquiring Company
Ferguson Enterprises
Acquired Company
Ferguson plc
Description
Ferguson plc has entered into a merger agreement with Ferguson Enterprises Inc., a newly incorporated corporation, under the laws of Delaware. The merger will result in the creation of a new holding company, New TopCo, and will lead to significant organizational changes. The merger proposal and related resolutions will be considered at the Special Meeting scheduled for May 30, 2024.
FundzWatch™ Score
62
High M&A Activity
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