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Consolidation trend Nov 2022 Verified

Marcone targets family-owned distributors seeking partnership or exit

Marcone framed the BellSimons deal as part of an ongoing strategy of partnering with family- and customer-service-focused businesses seeking long-term partnership or an exit strategy.

“This acquisition demonstrates Marcone’s ongoing dedication to the HVAC marketplace and reinforces its commitment to partnering with family- and customer service-focused businesses looking for either a long-term partnership or an exit strategy.”

Entities

Marcone · Acquirer
HVAC

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.