Ferguson Enterprises Completes Acquisition of HPS Specialties, Expanding East Coast Presence

Reuters

08/19

Ferguson Enterprises Completes Acquisition of HPS Specialties, Expanding East Coast Presence

Trout Capital Advisors has announced that it served as the exclusive financial advisor in the sale of HPS Specialties, LLC to Ferguson Enterprises Inc., a Fortune 500 company based in Newport News, Virginia. The transaction, which closed on June 16, 2025, marks a significant milestone for both companies, strengthening Ferguson's position in the specialty and engineered product market while expanding its presence along the East Coast. This acquisition aligns with Ferguson's strategic growth objectives and commitment to delivering innovative plumbing and HVAC solutions. HPS Specialties, a leading distributor and manufacturer's representative of specialty engineered products, attracted significant interest in the sell-side process led by Trout Capital Advisors. Co-Presidents of HPS Specialties, Eric Gaumer and Davis Yoho, expressed their appreciation for the advisory team and excitement for the opportunities ahead with Ferguson.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ferguson Enterprises Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: PH44947) on August 19, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ferguson Enterprises Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: PH44947) on August 19, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1721427968.SGD","symbol_name":"BNP PARIBAS AQUA \"CRH\" (SGDHDG) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250819:nNDL5xmSdb:1","article_id":"2560994197","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2560994197","pubTimestamp":1755612620,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Trout Capital Advisors has announced that it served as the exclusive financial advisor in the sale of HPS Specialties, LLC to Ferguson Enterprises Inc., a Fortune 500 company based in Newport News, Virginia. 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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ferguson Enterprises Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: PH44947) on August 19, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}