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Plumbing supplies distributor Ferguson's eight acquisitions in this fiscal year have an aggregate annualized revenue of $350 million.
The two companies were previously in preliminary discussions about a potential transaction.
The company is set to separate its electronics and water businesses from its industrial unit.
Capital and operational support from the private equity firm may help drive NSA's organic growth with new products, expansion and M&A.
It marks White Cap’s fourth acquisition in 2024, all since the start of April.
The distributor has expanded branch capabilities in gasket sealing and fabrication, material handling and industrial hose supply.
The combo is set to help distributors provide customers with enhanced abilities to find any HVAC model and corresponding BOM in seconds.
It comes almost a year after SugarCRM announced a strategic partnership with sales-i to improve B2B sales performance
Askco is a single-location IMARK distributor in Glens Falls, NY.
Three industry veterans were elected to the board alongside one new appointee.
