The locations, formerly The Wallace Organization – currently service local HVAC, Plumbing and Hydronics contractors, and hosts a kitchen and bath showroom. The new branches, located in Vineland, Bridgeton, and Ocean City will expand APR’s service area in southern New Jersey.
Marcone announced that its HVAC division, Munch’s Supply has acquired BellSimons, including its 29 branches and three distribution centers in seven states servicing the New England area. This will expand the company’s geographic footprint to 103 locations serving 18 states and the province of Ontario, Canada.
If you’re selling your business, one of the most important considerations is who to sell the business to. Before you do a deep dive, think about whether to sell to a strategic or financial buyer.
During an acquisition, the buyer must conduct exhaustive due diligence to ensure that they have a complete picture of the company they are seeking to buy. This involves many steps, but perhaps one of the most important is producing a quality of earnings report.
Hydrologic Distribution Company joins the Winsupply Family of Companies with 12 locations servicing plumbing contractors throughout the state of Florida. Collectively, the locations have a quarter billion dollars in annual revenue.
This past year has been an unprecedented year for the mergers and acquisitions (M&A) space, hitting $5 trillion in volume in 2021 through over 40,000 transactions. The number of transactions in the distribution and manufacturing space has caused owners to take a closer look at their options regarding selling and/or acquisition options.
Founded in 1949, Western Steel and Plumbing is a leading distributor of plumbing and HVAC products with two locations in Bismarck and Minot, North Dakota.