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New Deal


Announced

Ridgemont Equity Partners to acquire Munch's Supply from Rotunda Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Food Retailers and Wholesalers

Private

United States

wholesale distribution

hvac equipment

hvac

Majority

Acquisition

Single Bidder

Private Equity

Friendly

Pending

Synopsis

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Ridgemont Equity Partners, a middle-market private equity investor, agreed to acquire Munch’s Supply alongside the Company’s seasoned management team, led by CEO Bob Munch from Rotunda Capital Partners. Financial terms were not disclosed. Munch’s is a wholesale distributor of heating, ventilation and air conditioning equipment, parts and supplies. “Specialty distribution has been a cornerstone of Ridgemont’s Business and Industrial Services practice, and we have been focused on identifying opportunities within the HVAC sector for many years. Munch’s is the only private equity-backed top 50 HVACR distribution platform in the country, which makes the Company uniquely positioned to continue its growth trajectory through increased M&A and other initiatives that will enhance its presence in its existing markets and aid in the development of new markets,” Jack Purcell and Tim Dillon, Ridgemont Partners, in a joint statement.

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