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.”
William A. DeLoach, III