Kratos Capital Advises Capital Distributing, Inc. on its Sale to Ferguson Enterprises, Inc.

By 
Kratos Capital
Posted 
November 6, 2018
Industry News
News

Kratos Capital, a leading mergers and acquisitions advisor for privately-held businesses, is pleased to announce the sale of its client, Capital Distributing, Inc. to Ferguson Enterprises, Inc. The acquisition closed on September 29, 2018.Founded in 1973, Capital Distributing was founded by Jim Davis who was succeeded by his son Michael Davis. Capital Distributing has become the ultimate Dallas, Texas appliance destination for North Texas' best builders, remodelers, architects, designers, and consumers.Ferguson Enterprises, Inc., founded in 1953, is the largest wholesale plumbing distributor in the U.S. and is also the fourth largest distributor of heating and cooling equipment."Capital Distributing has long-standing builder relationships and experienced appliance delivery and install teams," said Ferguson CEO Kevin Murphy. "Together, we will strengthen our collective showroom presence and become a leading destination for plumbing, lighting, and appliances in the Dallas market.""I'm proud our team has built such a great company that Ferguson, given their wonderful reputation, wanted us to be a part of their operation," said Capital Distributing President Mike Davis. "We look forward to helping grow the Capital business within the Ferguson brand."Kratos Capital Principal, Josh Bammel, established the initial relationship with Capital Distributing and successfully closed the deal.Deal Terms were not disclosed.About Kratos Capital MIDDLE-MARKET – DELIVERING PREMIUM VALUEOur principals have experience creating and managing different liquidity solutions, unique to each client. What makes us different is our strict personal attention to each client. Whether your desire is a merger, growth capital, acquisition, or recapitalization, our firm can make a market for you. We measure the success of our process by the results it produces. Routinely, our process produces several attractive offers for our clients, of which most close a transaction at or above the upper end of our initial valuation range analysis. When we are given the honor to manage a client's exit process, we provide peace of mind from having done the right thing for your family, your company, your employees and your customers.For more information, take a look at our completed transactions.972-843-7500info@kratoscap.com

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