Deal closed Jan 2024 · Connecticut, USA Verified
Grove Mountain Partners acquires majority stake in Plimpton & Hills
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.
“ATLANTA (January 9, 2024) — 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.”
Entities
Grove Mountain Partners · Acquirer Plimpton and Hills · Target
HVACPlumbing
Source: hvacinsider.com
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