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Announced

Completed

Marcone-backed Munch's Supply completed the acquisition of BellSimons.

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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Private

plumbing

Completed

Majority

Single Bidder

United States

Domestic

HVAC services

Mechanical and Electrical Maintenance

Friendly

Acquisition

Synopsis

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Marcone-backed Munch's Supply, a wholesale distributor of HVAC equipment, parts and supplies, completed the acquisition of BellSimons, a distributor of heating, air conditioning, plumbing and refrigeration equipment. Financial terms were not disclosed. "We have found a great partner in Marcone that shares our commitment to culture, values and philosophy of customer-centered service. Through the combination of two premier organizations, we are excited to accelerate our growth together. I am also pleased to announce that Bob Casamento will lead the business moving forward along with our talented management team. We look forward to working with our new partners to grow the business," Floran Boland, BellSimons President.

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