Business

HVAC distributor expands in Northeast

Posted April 13, 2021 11:00 pm

NEW LENOX - Munch's Supply, a leading Midwest-based heating, ventilation and air conditioning distributor, has acquired API of NH and Delta T, including its eight branches serving New Hampshire, Massachusetts, Rhode Island, Maine and Vermont. This will expand the company's geographic footprint to 42 locations in 16 states.

Terms of the transaction were not disclosed. Ridgemont Equity Partners, a middle-market private equity firm, acquired a majority stake in Munch's Supply in 2019 and continues to support the company's growth.

API President Bob Engel Jr. and his brothers will continue to lead the business, the companies said.

"We are excited to expand our company's presence in the Northeast," said Munch's CEO Bob Munch. "As I got to know Bob Engel and his brothers, it was amazing how many similarities the businesses share."

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