has acquired
Ferguson Enterprises, Inc. (“FEI”) approached Supply North Central Group (“SNCG”) as an acquisition target, seeing value in SNCG’s premium customer service and product lines. Owners of SNCG were willing to evaluate a potential sale if a reasonable value could be negotiated, reflecting their customer relationships and superior position in the Michigan market.
P&M Corporate Finance, LLC was engaged to:
PMCF led negotiations with FEI and achieved a final purchase price that achieved the seller’s objectives. The closing was completed in a timely manner, meeting buyer and seller closing requirements. FEI and SNCG successfully integrated the companies, positioning the new company for enhanced profitability.
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