We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.

logo
  • Engineers & Specifiers
  • Contractors & Installers
  • Wholesalers & Distributors
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Free Subscription
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • PRODUCTS
    • Bath & Kitchen
    • Fire Protection
    • HVAC
    • Hydronics/Radiant
    • Plumbing
    • PVF
    • Tools
  • PROJECTS
    • Commercial
    • Green Building
    • MRO/Retrofit
    • Remodeling
    • Residential
  • HOW TO
    • Design
    • Fire Protection
    • Legal Matters
    • Management
  • BUSINESS
    • Buying Groups
    • Technology
    • Associations
  • CODES & STANDARDS
    • ANSI
    • ASHRAE
    • ASSE
    • Regulations
    • Green Building
    • IAPMO
    • ICC
    • NFPA
  • RESOURCES
    • PROS REPS
    • Media Kit
    • Advertise
    • Contact Us
    • Classifieds
    • Digital Editions
    • Behind the Wall
    • Webinars
    • AHR Live 2023
  • PODCASTS
  • DIGITAL EDITIONS
Home » Ferguson Sells Endries to Private Equity Firm​

Ferguson Sells Endries to Private Equity Firm​

May 18, 2017

Nautic Partners, a Rhode Island-based private equity firm, has entered into a definitive agreement to acquire Endries International from Ferguson Enterprises and its affiliates.

The transaction is expected to close within the next 45 days. Financial terms of the agreement were not disclosed.

Endries is a distributor of fasteners and Class-C parts serving industrial OEMs worldwide. From its headquarters in Brillion, Wisconsin and eight U.S. and international distribution centers, Endries provides more than 500,000 SKUs to its customer base. Endries operates primarily through a vendor managed inventory model, managing C-part categories for its customers across diverse industrial end markets. Endries partners with OEM customers through robust replenishment systems that provide products and support services critical to maintaining the manufacturing process.

“In Nautic Partners we found a philosophy and approach that is aligned with what is core to Endries," said Steve Endries, chief executive officer of Endries. "Together, we look forward to building upon the foundation that has been established while delivering innovative value-added solutions and services to our customers."

The company was founded by Bob Endries in 1970. Ferguson Enterprises purchased Endries in 2005.

Nautic is a middle-market private equity firm that focuses on three industries: healthcare, industrial products, and outsourced services. Nautic has completed over 125 platform transactions throughout its 30-year history.

 

Wholesalers & Distributors
  • Related Articles

    United Pipe & Steel lays plans to capitalize from private equity backing

    SJE Sells Majority Equity Interest to Audax 

    Equity firm buys Mid-States Supply out of bankruptcy​

Most Popular

  • DiversiTech to Acquire Pro1 Thermostats

  • Lion Plumbing Supply and American Standard Join Forces to Brighten Up North Miami Neighborhood

  • Rich-Tomkins Co. Honors Industry Icon and Bradford White Water Heaters Trainer Herbert Harvey Jr.

  • Industry Mentor Morrie Beschloss Passes Away

Featured Video

Liberty video 2

Liberty Pumps Materials Center Open House with Charlie Cook

Industry Events

  • 04Jun

    NCWA Annual Convention

    French Lick, IN
  • 11Jun

    AWWA 2023 Annual Conference & Exposition (ACE23)

    Toronto, ON
  • 19Jun

    2023 NFPA Conference & Expo

    Las Vegas, NV
More Events

Subscribe to our newsletters & stay updated

Subscribe & Learn More

  • Tw05 2023 cover
    Learn More
  • Pe05 2023 cover
    Learn More
  • Phc05 2023 cover
    Learn More
  • Es 2022
    Learn More
Subscribe

More from PHCP Pros

  • Editorial Team
  • Home
  • Contact Us
  • About
  • Advertise

Follow Us

© 2023 All Rights Reserved

Design, CMS, Hosting & Web Development | ePublishing