F.W. Webb Company announced the acquisition of Stritt & Priebe, a specialist in industrial valve supply, service and repair in Buffalo, New York, and VJ Stanley, a wholesale-distributor and manufacturers' representative of steam and hydronic products in Rochester, New York.
Marcone, a distributor of home appliance, HVAC and plumbing repair parts and equipment across North America and current portfolio company of Genstar Capital announced it has acquired Munch’s Supply, a distributor of HVAC equipment, parts and supplies from Ridgemont Equity Partners. Ridgemont and the Munch’s management team will retain a meaningful minority stake in the combined entity.
Founded in 1990, VEP provides a patented shield product designed for all types of piping, as well as seismic applications, and has built its reputation on providing responsive customer service and innovative product design.
The Gustave A. Larson Co. announced it closed on the purchase of Progress Supply, Inc. (PSI), on December 17, 2021. Progress Supply is a long-time established and successful multi-location HVAC and Refrigeration distribution company in central and southwestern Ohio, southeast Indiana and northern Kentucky.
“As we enter into 2022,” — when you say that out loud it sounds a lot like “2020-2.” Don’t be alarmed, I believe things are moving in a positive direction. I have laid out trends that I see as important factors moving into the new year. I am not going to prognosticate about where the stock market is going, but rather about what I feel is going to be the most important factors impacting supply houses across the country.
Marcone, a residential appliance parts distributor and portfolio company of Genstar Capital, announced it has acquired Professional Plumbing Group (PPG), a distributor of plumbing products for repair and remodel applications. PPG designs, manufactures, markets and distributes plumbing products. PPG’s portfolio includes products from two proprietary brands — Wolverine Brass and Speakman — as well as third-party products across all of the leading brands.
ProSource Supply has acquired Marion Davis, a plumbing, lighting and electrical supplier with two locations in Upstate, South Carolina. Marion Davis will be rebranded to ProSource Supply after a transition period.
Munch’s Supply a Chicagoland area-based heating, air conditioning and plumbing distributor, has acquired TML Supply and its 13 branches servicing the province of Ontario, Canada. This will expand Munch’s geographic footprint to 64 locations serving 16 U.S. states and one Canadian province.
Plumbing and Heating Wholesale (PHW) announced the acquisition of Sioux City, Iowa-based industrial supplier Wigman Co.
Wigman will initially continue to operate in their current location under the same name, plans will be made in the future to identify a new home for Wigman Co. and the industrial team.
