FERG - Mergers and acquisitions

DENVER, Feb. 13, 2025 /PRNewswire/ -- PERENfra LLC ("PERENfra") today announced the launch of Perennial Infrastructure Fund I™ (the "Fund"), a private investment fund focused on core water infrastructure assets. The Fund aims to provide investors with income and long-term capital appreciation through investments in safe, sustainable, efficient water solutions in a growing industry. With a target size of $125 million, the Fund has successfully closed multiple limited partner (LP) commitments and is seeking to be fully subscribed by early 2025. The Fund is led by Jeff C. Nelson, the Founder and CEO of PERENfra, along with Gary Brauchle, its President. PERENfra is Manager of the Fund's General

Ferguson plc (NYSE:FERG, LSE: FERG))) announces the acquisition of Bruce Supply Corp (Bruce Supply), a plumbing distributor; The Kennedy Companies (Kennedy), a waterworks distributor; and S. G. Torrice, an HVAC distributor. All three acquisitions closed in the fourth quarter of fiscal year ending July 31, 2023, and generate aggregate annualized revenues of approximately $450 million. "Bruce Supply, Kennedy and S. G. Torrice are great cultural fits for Ferguson and will help us better serve commercial mechanical, waterworks, and plumbing and HVAC trade professionals in key growing markets across the U.S.," said Kevin Murphy, Ferguson CEO. "All three companies have great reputations and ass

WOKINGHAM, ENGLAND / ACCESSWIRE / December 2, 2022 / Ferguson plc (NYSE:FERG, LSE:FERG))) announces today the acquisition of Airefco, Inc., a distributor of HVAC equipment, parts and supplies in the Pacific Northwest.Founded in 1957 as a Carrier HVAC distributor, Airefco is headquartered in Tualatin, Oregon. It employs 191 associates across eleven locations and distributes Carrier and Bryant brands to customers in Alaska, Idaho, Montana, Oregon, Washington and Wyoming."Airefco has a strong market reputation for quality associates, products and customer relationships," said Kevin Murphy, Ferguson CEO. "Airefco joining Ferguson will support our dual trade strategy for the plumbing and HVAC con

WOKINGHAM, ENGLAND / ACCESSWIRE / December 2, 2022 / Ferguson plc (NYSE:FERG, LSE:FERG))) announces today the acquisition of Airefco, Inc., a distributor of HVAC equipment, parts and supplies in the Pacific Northwest.Founded in 1957 as a Carrier HVAC distributor, Airefco is headquartered in Tualatin, Oregon. It employs 191 associates across eleven locations and distributes Carrier and Bryant brands to customers in Alaska, Idaho, Montana, Oregon, Washington and Wyoming."Airefco has a strong market reputation for quality associates, products and customer relationships," said Kevin Murphy, Ferguson CEO. "Airefco joining Ferguson will support our dual trade strategy for the plumbing and HVAC con