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The Granite Group, a leading supplier of plumbing, heating, cooling, piping, water systems and energy products in the Northeast, has announced it has finalized the acquisition of United Plumbing Supply (UPS).
Based in Springfield, Massachusetts, UPS consists of one wholesale branch located at 377 Cottage Street and a decorative plumbing showroom called, “The Bath & Kitchen Gallery,” located at 1060 Memorial Avenue in West Springfield. Effective April 1, 2022, both locations began operating under The Granite Group umbrella.
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.
Rheem has acquired DEJONG, an independent manufacturer and supplier of stainless-steel hot water tanks, from Nordian Capital. Founded in 1859 and based in Gorredijk, the Netherlands, DEJONG produces hot water tanks for multiple applications including solar, heat pump and boiler configurations
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.
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.
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.