Ferguson Completes Five Acquisitions Across the United States in Q2

Ferguson Enterprises Inc., North America's largest value-added distributor of essential water and air solutions, has acquired five businesses during Q2 2026, further strengthening its geographic footprint and specialized capabilities across its customer groups.

The newly acquired businesses are:

• HVAC: Carrier Great Lakes, with seven locations across Michigan and Ohio, and Dealers Supply Company, with seventeen locations in the Southeast.
• Commercial/Mechanical: New England Applied Products, a manufacturer's representative and engineering firm specializing in high-performance commercial HVAC systems in the Northeast.
• Waterworks: Hamlett Environmental Technologies Company, based in Michigan.
• Industrial: PRD Technologies Group, with ten locations across the country.

Orrick advised Ferguson.

Orrick is also advising Ferguson on its entering into a definitive agreement to acquire FloWorks for $1.6 billion.

THE IMPACT

"Our scale-advantaged business model and consistent cash generation enable us to invest in organic growth, consolidate our markets through acquisitions and return capital to shareholders, all while maintaining a strong balance sheet," said Ferguson CEO Kevin Murphy. "We remain confident in our ability to capitalize on these growth drivers as we provide essential water and air solutions for the complex project needs of the specialized professional."

THE TEAM

Ken Wiggins and Santi Assalini led the Orrick teams that advised Ferguson. The teams also included Sam Ramos, Daniel Rico, Lauren Donnelly, Wallace Stage, Hilary Finkelstein, Elle Jiang, Jeff Zhang, Martha Wang, Kay Zou, Laura Bagarella, Keith Tidwell, Sharon Zhou, SeoJung Park, Craig Falls, Victoria Newbold, Amy Ray, Kristin Petersen, Brendan McGuire, Sarah Schaedler, Christina Bouchot, Daniel Kearney, Matthew Sawyer, Alexandra Kleemann, Tiantian Shi, Caitlin Burke, Sarah Tauman, Robin Freedman, Chris Chavez, Taylor Barokh, Craig Guzman, Bart Kempf, Lauren Buehler, Zachary Huey, Jeanine McGuinness, Allison Bradham, Gregory Hume, Matthew Coleman, James Chou, Carly Owens and Deborah Abernathy.

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