Deal announced Jan 2024 · Connecticut Verified
Grove Mountain Partners Acquires Majority Stake in Plimpton and Hills
Grove Mountain Partners announced the acquisition of a majority stake in Plimpton and Hills, a 125-year-old family-owned wholesale distributor of plumbing and HVAC equipment. The Hills family will retain equity and board-level commitment.
“Grove Mountain Partners, a leading private equity firm specializing in investments in home service companies and specialty business service companies, announces the acquisition of a majority stake in Plimpton and Hills, the premier wholesale distributor of plumbing and HVAC equipment in Connecticut and adjacent geographies.”
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HVACPlumbing Sentiment: Positive
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