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Platform creation · Closed Jan 2024

Grove Mountain Partners acquires majority stake in Plimpton & Hills

Relationship map

Relationship map for Grove Mountain Partners acquires majority stake in Plimpton & Hillsparent ofGrove Mountain Partners: Pe FirmGMGrove Mountain Partne…Plimpton and Hills: Operating CompanyPlimpton and Hills
Operating CompanyPe Firm

Parties

Acquirer
Grove Mountain Partners
Pe Firm
Target
Plimpton and Hills
Operating Company
Sponsor
Grove Mountain Partners
Pe Firm

Summary

PE firm Grove Mountain Partners, which invests in home-service and specialty business-service companies, acquired a majority stake in Plimpton and Hills, a 125-year-old wholesale plumbing and HVAC distributor in Connecticut.