Marcone, a distributor of home appliance, HVAC, and plumbing repair parts and equipment across North America and current portfolio company of Genstar Capital, has acquired Munch’s Supply (Munch’s), a distributor of HVAC equipment, parts and supplies, from Ridgemont Equity Partners.
Combined with its recent acquisition of plumbing distributor Professional Plumbing Group (PPG), the deal dramatically expands Marcone’s service offering. Ridgemont and the Munch’s management team will retain a meaningful minority stake in the combined entity.