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Mergers & Acquisitions

July M&A Roundup: Ferguson-FloWorks, DSG’s Go-Private Lead Healthy Month

Activity improved from a weaker June, with Ferguson's pending $1.6 billion purchase of FloWorks serving as the biggest transaction of the bunch, by far. Get our rundown of every deal we published during July, along with our updated monthly deal count and breakdown of year-to-date transactions by product category.

By Mike Hockett

July 31, 2026

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Distributor dealmaking was healthy in July 2026, led by two billion-dollar-plus transactions and many other tuck-ins. We published news of 29 transactions during July — either pending or completed — involving at least one North American-based distributor of industrial, commercial and building supply product categories that have long comprised the core market demographics of MDM readership. That's improved from June's 24, and was right on par with the monthly average of 28.1 we've seen so far in 2026. For context, 2025 averaged 23.6/month, hampered by tariff-driven anxiety that expectedly…

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