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Munch'S Supply, A Marcone Company, Acquires Bellsimons

Nov 10, 2022•about 3 years ago

Acquiring Company

Munch's Supply

Acquired Company

BellSimons

Food And BeverageReal EstateCommerce And Shopping

Description

Marcone is pleased to announce that its industry leading heating, ventilation, and air conditioning ("HVAC") division, Munch's Supply (the "Company") 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.

Company Information

Company

Munch's Supply

About

Munch's Supply was founded in 1956 by Willard Munch, who wanted to develop a local source of electrical supplies for area contractors. Today, the Company has more than 1,000 employees focused on supplying heating, cooling and plumbing industry contractors with quality products and exceptional service. Proudly celebrating its 65th year in business in 2021, Munch's Supply operates with a commitment to service as a leading distributor for trusted brands such as American Standard, Trane, Mitsubishi, Rheem, IPEX, AO Smith, Kohler, Tempstar, Keeprite and Frigidaire. Through Munch's Holdings, LLC, it operates Munch's Supply, Tommark, O'Connor Company, Comfort Air Distributing, C&L Supply HVAC and Plumbing, API of NH and Delta T, Marks Supply and TML Supply which continue to serve as the premier sources for HVAC and plumbing equipment and supplies to contractors throughout North America. www.munchsupply.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed