September M&A Roundup: Rexel, Watsco, ORS Lead the Way
Get our rundown of every deal we published during September, along with our updated monthly deal count and breakdown of year-to-date transactions by product category.
October 1, 2026
Fenco is the second investment for private equity-backed Averon, and it is actively pursuing others.
White Cap is owned by PE firm CD&R, and Colony by Audax Private Equity. It will net White Cap more than 60 new locations.
The move diversifies Britton Lumber’s business into packaging and strengthens its presence in Massachusetts, Rhode Island and Connecticut.
The pending acquisition is set to create a combined company with over $9.5 billion in annual revenue.
The manufacturer/distributor made nine bolt-ons during 2025 that led to healthy annual gains in sales and EBITDA.
The construction and contractor supplies distributor expanded considerably under Bertram Capital over the past three-plus years.
Following a $1.2 equity commitment announced a week earlier, the financing suggests QXO expects to land its second acquisition soon.
The deal expands A. O. Smith’s presence in the water management market and broadens its integrated product offering.
Together, the two firms will add more than 180 employees to DXP.
A person familiar with the deal told MDM that QXO is in talks with seven companies with between $1 billion and $20 billion in revenue. Get the details here.
It represents a strong U.S. expansion for the Mississauga, Ontario-based distributor.
The electrical supplies distributor shot down a report by a French news group that the company is negotiating a buyout.
