Wynnchurch to sell FWI Holdings; Portobello Capital to exit Grupo Supera

Deal Wrap is updated as of 3 p.m. ET.

– Wynnchurch Capital LP agreed to sell FWI Holdings Inc., a valve and flow control solutions provider, to Ferguson Enterprises Inc. at an enterprise value of about $1.6 billion. J.P. Morgan Securities LLC is serving as exclusive financial adviser To Ferguson, and JPMorgan Chase Bank NA is providing committed financing for the deal. Orrick Herrington & Sutcliffe LLP is acting as legal counsel. Kirkland & Ellis LLP is advising Ferguson on the deal's financing.

– Portobello Capital Gestión SGEIC SA and other minority shareholders agreed to sell their majority stake in Spanish community center operator Grupo Supera to infrastructure manager Ancala Partners LLP. The deal is expected to close by the end of July.

– Germany-based camera and lighting technology manufacturer Arri AG agreed to sell its global rental business in a management buyout backed by H2 Equity Partners Ltd. The new stand-alone rental group will have its own brand after a customary transition period. The transaction excludes Illumination Dynamics.

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