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.
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.
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.
FloWorks International, backed by Clearlake Capital, acquired Flotech, a distributor and servicer of industrial valves founded in 1961 with locations in Florida, South Carolina and Alabama. No financial terms were disclosed.
FloWorks, backed by Clearlake Capital, acquired Genesis Systems, a Garland, Texas distributor of control valves, regulators and valve automation products; financial terms were not disclosed.