Plumbing and heating distributor Ferguson Enterprises completed its $1.6 billion acquisition of Houston-based FloWorks from Wynnchurch Capital. FloWorks is an industrial distributor of valves and flow control solutions with over 60 locations in the US and Canada.
Ferguson completed its acquisition of FWI Holdings (FloWorks), an industrial distributor of valves and flow control solutions, from Wynnchurch Capital. The deal closed on August 31, 2026.
Ferguson Enterprises agreed to buy FloWorks (FWI Holdings), a flow-control equipment distributor, from Wynnchurch Capital for about $1.6 billion in cash, with closing expected in Q3 2026.
Ferguson Enterprises agreed to acquire FWI Holdings (FloWorks) under a definitive agreement announced July 13. The deal is valued at $1.6 billion.
Handgards, a foodservice products distributor owned by Wynnchurch Capital, announced the acquisition of Albany Packaging USA on September 26, 2025. Albany, headquartered in Deerfield Beach, Florida, distributes paper folding cartons and coffee sleeves.
FCA Packaging, a Wynnchurch Capital portfolio company, acquired Viking Packing Specialist, a Tulsa-based maker of custom wood crates, cases, metal containers and dangerous goods packaging. No financial terms were disclosed.
FloWorks International, a Wynnchurch Capital portfolio company, has acquired CAC Industrial Equipment Ltd., a pump distributor with repair services based in Victoria, British Columbia. The deal is FloWorks' fifth acquisition under Wynnchurch ownership.
Oaktree Capital Management funds agreed to acquire LPW Group Holdings, a designer and manufacturer of valves, actuators, fittings and flanges for chemical and energy markets. Terms were not disclosed.
FloWorks, a portfolio company of Wynnchurch Capital, initiated the add-on acquisition of AWC Process Solutions, a Western Canadian manufacturer's representative and distributor of pumps, compressors, valves and control equipment. The announcement was made on February 28, 2024.
Middle-market private equity firm Wynnchurch Capital acquired a majority stake in Industrial Service Solutions, a US industrial MRO services company, from Edgewater Funds and JZ Capital Partners. The deal was reported on 20 December 2022.
LPW Group, a Wynnchurch Capital portfolio company, announced the acquisition of El Mar Ventures and its subsidiaries and Advanced Industrial Technologies. The Houston-based combined business makes specialty valves, pneumatic actuators and gears under the Ladish, Smith, AIT and Diamond Gear brands.
Wynnchurch Capital acquired MPL Company, a build-to-order manufacturer of cultured marble bath products such as panels, surrounds and shower pans.
Wynnchurch Capital acquired Midland Metal Mfg., a distributor of fittings, valves and clamps for industrial end markets, on 7 November 2018.
Mason Wells sold The Oilgear Company, a Traverse City, Michigan maker of hydraulic pumps, valves and systems, to Texas Hydraulics. The deal closed on March 27, 2018 and was announced on April 4, 2018. The price was not disclosed.