Marcone, a distributor of home appliance, HVAC and plumbing repair parts and equipment portfolio company of Genstar Capital, has acquired Illinois-based Munch’s Supply, a leading distributor from Ridgemont Equity Partners.

Marcone said the acquisition immediately establishes it as a “leader in the HVAC sector” and combined with its recent acquisition of plumbing distributor Professional Plumbing Group, “dramatically expands its services to the home.”

Financial terms of the deal were not disclosed.

Ridgemont and the Munch’s management team will retain a meaningful minority stake in the combined entity, Marcone said.

“Munch’s has built a strategic partnership with the preeminent industry OEMs, offering the highest quality and most trusted brands in the market,” said Jim Souers, CEO of Marcone. “Customers value their partnership with Munch’s, and we hope to build on the relationships they have established to offer additional products and services. As we further build Marcone as a partner serving the appliance, HVAC and plumbing sectors, I look forward to working with Bob Munch and his team to leverage the core tenets of Munch’s philosophy including its reputation as an M&A acquiror of choice in the HVAC sector.”

Baird and Houlihan Lokey served as financial advisors to Munch’s. BMO Capital Markets served as financial advisor to Genstar and Marcone. Alston & Bird served as legal counsel to Munch’s. Weil, Gotshal & Manges LLP served as legal counsel to Genstar and Marcone.