Consolidation trend Jan 2022 · North America Verified
Genstar accelerating Marcone HVAC/plumbing platform via continued M&A
Genstar's managing director described the deal as accelerating the Marcone platform with continued M&A opportunities in the sizable HVAC and plumbing markets, building a hub for parts and services to the home.
“We are excited to partner with Bob, Ridgemont and the Munch’s team to accelerate the growth of the platform, including through organic initiatives to better serve our combined customer base and continued M&A opportunities in the sizable HVAC and plumbing markets.”
Entities
Genstar Capital · Sponsor Marcone · Platform
HVACPlumbing
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.