Genstar Capital-backed Marcone completed the acquisition of Munch's Supply from Ridgemont Equity.

Genstar Capital-backed Marcone, a distributor of home appliance, HVAC, and plumbing repair parts and equipment, completed the acquisition of Munch's Supply, a distributor of HVAC equipment, parts and supplies, from Ridgemont Equity, a middle market buyout and growth equity investor. Financial terms were not disclosed. "We have built Munch's over the decades into a one-stop-shop that ensures our customers have a consistent and trusted partner to access the industry's most iconic brands, enabling them to perform critical installation, repair and service work with minimal downtime. Our growing eCommerce presence will also provide best-in-class technology capabilities and deliver seamless integration with our suppliers and customers. Munch's local approach to serving the needs of suppliers, customers, and employees is a strong cultural fit with Marcone, and we look forward to becoming part of their family and building Marcone's HVAC service capabilities to broader geographies," Bob Munch, Munch's CEO.