Ferguson Acquires FloWorks (FWI Holdings) for $1.6 Billion

July 13, 2026

Ferguson Enterprises (NYSE: FERG) completed its acquisition of FWI Holdings, Inc. (“FloWorks”) from Wynnchurch Capital. The deal values FloWorks at an enterprise value of approximately $1.6 billion.

Buyers
Ferguson Enterprises Inc., Ferguson
Targets
FWI Holdings, Inc. (FloWorks)
Sellers
Wynnchurch Capital L.P.
Location
Texas, United States
Transaction Type
Buyout

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