Marks Supply has been acquired by Munch’s Supply.
Munch’s Supply, a leading U.S.-based heating, ventilation and air conditioning (“HVAC”) distributor has acquired Marks Supply, including its Watermarks division, nine branches, three retail plumbing showrooms, and two distribution centers servicing the province of Ontario, Canada. This will expand the Munch’s geographic footprint to 51 locations serving 16 U.S. states and one Canadian province.
Founded in 1962, Marks Supply grew to become a leading wholesale distributor of HVAC, Plumbing, P.V.F. and Hydronic products across southwestern Ontario.
“For almost six decades, the Todd family and the Marks Supply team have proudly served the Ontario market as the leading provider of HVAC, plumbing, hydronics, and pipe, valves and fittings products,” said Bob Munch, CEO of Munch’s Supply. “We are excited to continue growing the business together and upholding the same level of commitment to employees, customers and vendors.”
Robin Todd, former President and owner of Marks Supply added, “We have come a long way since my father started this business in 1962. We are proud of what we’ve built and look forward to further accelerating our tremendous growth in partnership with Munch’s Supply. I am happy I had the opportunity to work with CCC as our trusted advisor and am thrilled with the outcome they delivered through the transaction process.”
Munch’s Supply has been operating in the Chicagoland area for 65 years and is consistently ranked as a top HVAC distributor in the United States. Ridgemont Equity Partners, a middle market private equity firm, acquired a majority stake in Munch’s Supply in 2019 and continues to support the Munch’s Supply in its organic and M&A growth initiatives.
CCC Investment Banking acted as the exclusive financial advisor to Marks Supply.
