Plethora Completes Sale of Plumbing Supply Co. to Largest Plumbing Wholesaler

Plethora is proud to announce the closing of the acquisition of Wright Plumbing Supply, Inc. to Ferguson Enterprises, Inc.  Plethora served as the exclusive M&A advisor to Wright Plumbing Supply.  Ferguson is the largest plumbing wholesaler in North America.  Please see the following press release from Industrial Distribution regarding Ferguson’s recent transactions.

NEWPORT NEWS, VA — Ferguson has announced four recent acquisitions that will grow its commercial and residential business in Louisiana, Kentucky and California:

  • Appliance Distributors of Louisiana is a Baton Rouge-based appliance showroom serving homeowners, contractors, builders and kitchen designers in south Louisiana and eastern Mississippi. The company will provide a brick and mortar showroom presence for Ferguson in Baton Rouge and will support existing residential builder business in the area. Ferguson will expand the company’s showroom with the addition of plumbing and lighting to better serve the builder/designer community. The company will operate as ADL, a Ferguson enterprise for a period of time before transitioning to the Ferguson brand.
  • Brock-McVey is a seven-location plumbing and HVAC supplier headquartered in Lexington, Kentucky. The acquisition expands Ferguson’s brick and mortar footprint in Kentucky, adding locations in Corbin, Prestonsburg and Eastern Louisville. Brock-McVey also has locations in Frankfort, Bowling Green, Lexington and Morehead. The company will operate as Brock-McVey, a Ferguson enterprise for a period of time before transitioning to the Ferguson brand.
  • The Lighting Design Center is a lighting showroom serving architects, builders, designers and homeowners in Santa Rosa, California. The company offers lighting fixtures, ceiling fans, decorative mirrors, window treatments, furniture and home accessories. Ferguson plans to rebrand the company to a Ferguson Bath, Kitchen & Lighting Gallery destination showroom and introduce plumbing and appliances.
  • Wright Plumbing Supply is a single location plumbing supplier serving commercial and residential contractors in Los Angeles and Orange County, CA. The company’s location allows Ferguson to better serve its customers in a densely populated area and complements nearby Ferguson locations. The company will operate as Wright Plumbing Supply, a Ferguson enterprise for a period of time before transitioning to the Ferguson brand.

https://www.inddist.com/news/2018/08/ferguson-acquires-4-companies-july-expands-footprint-louisiana-kentucky-and-california