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News | November 15, 2018

Bell Nunnally Counsels North Texas Appliance Company Capital Distributing in Sale to Ferguson

Bell Nunnally Partner Trey DeLoach and associates Peter J. Kosydar, III and Stephen I. Iya served as deal counsel to client Capital Distributing – a Dallas-based appliance seller, offering delivery and installation for builders, remodelers, architects, designers and consumers – in its sale in late October to Newport News, Va.-based Ferguson Bath, Kitchen and Lighting Gallery. Ferguson (LSE: FERG) is the largest wholesale distributor of residential and commercial plumbing supplies and pipe, valves and fittings in the United States, with sales of $16.7B and 1,400 locations. Capital Distributing will rebrand slightly, becoming “Capital Distributing, a Ferguson enterprise.”

“Capital Distributing has been a landmark in Dallas since 1973. We’re pleased to help facilitate the sale of this family-run business, helping ensure its long-term future here in North Texas,” said DeLoach.

In a Ferguson-issued press release, Capital Distributing President Michael Davis added, “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. We look forward to helping grow the Capital business within the Ferguson brand.”

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Related Attorneys

  • William “Trey” A. DeLoach, III

    William “Trey” A. DeLoach, III

    Partner

    tdeloach@bellnunnally.com
    214-740-1419

Related Practices

  • Mergers and Acquisitions
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