Industrial Manufacturing & Distribution, Distribution, Business Services, Sponsor Coverage | Mergers & Acquisitions, Sponsor Related

Ridgemont Equity Partners’ Munch’s Supply Acquires API and Delta T

  • TM Capital served as financial advisor to Munch’s Supply and Ridgemont Equity Partners in their acquisition of API of New Hampshire and Delta T (collectively “API”)
  • Headquartered in New Hampshire, API is a leading distributor of HVAC equipment, accessories and solutions to residential and commercial end markets in the Northeastern United States
  • Founded in 1956, Munch’s Supply is a leading Midwest-based HVAC distributor with branch locations in 16 states and more than 700 employees. Munch’s is a distributor of numerous leading HVAC and plumbing brands including American Standard, Trane, Mitsubishi, LG and Rheem
  • Ridgemont Equity Partners is a Charlotte-based middle market buyout and growth equity investor that recapitalized Munch’s Supply in 2019. In partnership with Ridgemont, Munch’s has now completed five acquisitions, broadening its geographic footprint and expanding its portfolio of supplier relationships

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