Rotunda Builds Munch’s Supply

Munch’s Supply, a heating, ventilation and air conditioning (HVAC) supplies distributor and a portfolio company of Rotunda Capital Partners since April 2015, has acquired Kansas-based O’Connor Company.

O’Connor Company is a distributor of HVAC equipment, parts, controls, and accessories from HVAC OEM’s including American Standard, Bosch, ClimateMaster, Honeywell, Mitsubishi Electric, Trane and other major HVAC manufacturers. The company was founded by Joe O’Connor in 1920 and has locations in Kansas City (headquarters), Wichita, Tulsa, Des Moines, and Omaha (www.oconnor-hvac.com).

The buy of O’Connor Company expands Munch’s Supply’s service area into Oklahoma, Kansas, Nebraska, Iowa and Missouri. “The O’Connor purchase is part of Munch’s long-term strategy to aggressively grow into other regions through strategic acquisitions,” said Munch’s CEO Robert Munch. Munch and O’Connor will now have 18 branches in eight states. Munch’s expanded to Michigan with three branches in 2015, another in northwest Indiana in 2016 and Elgin, Illinois in 2017.

Munch’s Supply, operating 12 branch locations in in Chicago, northwest Indiana and Michigan, distributes heating and cooling supplies to area dealers and contractors and has more than 10,000 SKUs from more than 100 manufacturers. Munch’s Supply was founded in 1956 by founder Willard Munch and is headquartered southwest of Chicago in New Lenox, IL (www.munchsupply.com).

O’Connor will continue to operate under the same name as an independent company and will retain its current management team with Executive Director of Operations, Greg Borr stepping into the role of President.

Rotunda Capital invests in businesses with enterprise values of $15 million to $100 million. Sectors of interest include logistics, value-added distribution, specialty finance, and business services. Since founding in 2009, Rotunda has completed ten platform investments and realized four exits. The firm is headquartered in Bethesda, MD with an office in Evanston, IL (www.rotundacapital.com).

© 2017 Private Equity Professional | December 5, 2017

Print Friendly, PDF & Email

Related Articles

Kinderhook Buys All States Ag Parts Kinderhook Industries has acquired All States Ag Parts, a supplier of used, rebuilt and aftermarket parts for all makes and models of tractors, combin...
Bertram Sells Clarus to Riverside Bertram Capital has sold Clarus, a maker of writable glass boards and architectural glass products, to The Riverside Company. Clarus is a designer ...
J.F. Lehman Closes 10th NRC Add-On National Response Corporation (NRC), a portfolio company of J.F. Lehman & Company, has acquired SWS Environmental Services from ShoreView Industri...
CID Adds to Classic Accessories Classic Accessories, a portfolio company of CID Capital, has acquired Duck Covers. Duck Covers’ products include outdoor furniture covers, auto cov...
Warren Equity Buys SIMCO Warren Equity Partners has acquired Superior Industrial Maintenance Company (SIMCO), a provider of industrial services. SIMCO provides application,...
Gryphon to Acquire Milani Cosmetics Gryphon Investors has agreed to acquire a majority equity interest in Milani Cosmetics from current owners Ralph Bijou and Laurie Minc who will mainta...