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Marcone Announces Acquisition Of Munch'S Supply

PRIVATEJan 11, 2022

Acquiring Company

Marcone

Acquired Company

Munch's Supply

St. LouisManufacturingMedia And EntertainmentReal EstateCommerce And ShoppingFood And Beverage

Description

Marcone, a leading distributor of home appliance, HVAC, and plumbing repair parts and equipment across North America and current portfolio company of Genstar Capital, today announced that it has acquired Munch's Supply ("Munch's"), a leading distributor of HVAC equipment, parts and supplies from Ridgemont Equity Partners. The acquisition immediately establishes Marcone as a leader in the HVAC sector and, combined with its recent acquisition of plumbing distributor Professional Plumbing Group ("PPG"), dramatically expands its services to the home. Ridgemont and the Munch's management team will retain a meaningful minority stake in the combined entity.

Quick answer

Marcone is acquiring Munch's Supply, announced January 11, 2022. Marcone is based in St. Louis, Missouri, United States.

How much did Marcone pay for Munch's Supply?
The deal value was not disclosed.
What does Marcone do?
Marcone is an authorized distributor for major brands such as Whirlpool, Electrolux, General Electric, Maytag, Bosch, Samsung, L-G and many more.
Where are Marcone and Munch's Supply based?
Marcone is based in St. Louis, Missouri, United States.
Who are the decision-makers at Marcone?
Fundz holds 1 contact at Marcone. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Marcone

Location

St. Louis, Missouri, United States

About

Marcone is an authorized distributor for major brands such as Whirlpool, Electrolux, General Electric, Maytag, Bosch, Samsung, L-G and many more. Through its vast distribution network, Marcone supplies the largest inventory of original replacement parts in the country for household appliances such as refrigerators, ranges, dishwashers, microwaves, washers, and dryers. Marcone exports globally and also operates a comprehensive training institute offering quality business and technical training. Headquartered in St. Louis, Marcone operates 113 facilities, has approximately 2,000 employees, and serves approximately 43,000 technician customers.

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Frequently asked

Who acquired Munch's Supply?

Munch's Supply was acquired by Marcone, based in St. Louis. The deal was reported on January 11, 2022. Marcone is an authorized distributor for major brands such as Whirlpool, Electrolux, General Electric, Maytag, Bosch, Samsung, L-G and many more. Marcone is privately held and operates in Manufacturing.

When did Marcone acquire Munch's Supply?

Marcone's acquisition of Munch's Supply was reported on January 11, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Munch's Supply do?

Munch's Supply was founded in 1956 by Willard Munch, who wanted to develop a local source of electrical supplies for area contractors. It is privately held, operating in Real Estate.

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