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Midwest HVAC News
Munch’s Supply Purchases
Midwest-based O’Connor Company.
Leading Trane & American Standard HVAC distributor expands
to eight states.
 Munch’s
Supply LLC, a leading heating, ventilation and air conditioning
(HVAC) distributor and third-generation family business operating 12
branches in Chicago, Northwest Indiana and Michigan, has acquired
Kansas-based O’Connor Company, Inc. and expanded its distribution
footprint to include six additional branches serving portions of
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. “We are excited to
welcome O’Connor’s customers and employees. Superior, award-winning
customer service will remain our number-one priority.”
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. It will maintain locations in Lenexa, Kansas; Urbandale,
Iowa; Omaha, Nebraska; Wichita, Kansas; Tulsa, Oklahoma and Lee’s
Summit, Missouri.
“We are looking forward to sharing in the resources and leadership
of Munch’s Supply,” Borr said. “We are pleased to combine our
strengths to further enhance customer service in our rapidly-growing
marketplace.”
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“We were impressed
with O’Connor’s strong market position, rich, 97-year history
and commitment to the Trane and American Standard brands in HVAC
distribution,” Munch added. “Lynn Piller and the O’Connor team
have done a fantastic job building a solid and successful
operation with superior commitment to its family of
contractors.”
The union of these two iconic companies demonstrates Munch’s
ongoing commitment to the HVAC marketplace and sharpens its
portfolio to deliver sustainable growth while maximizing the
potential of both brands. Munch and O’Connor will combine to
operate 18 branches in eight states.
Stocking more than 10,000 SKUs per location, Munch’s goal is to
be a full-service, “one-stop-shop” for busy HVAC dealers and
contractors.
Munch’s Supply has been operating in the Chicagoland area since
1956. Rotunda Capital Partners, a private equity firm focused on
lower middle-market and family-owned holdings, acquired a
majority stake in Munch’s in 2015. Munch’s expanded to Michigan
with three branches in 2015, another in Northwest Indiana in
2016 and Elgin, Illinois in 2017.
About Munch’s Supply
Munch’s Supply was founded in 1956 by Willard Munch, who wanted
to develop a local source of electrical supplies for area
contractors. Today the company is a third-generation family
business with more than 300 employees focused exclusively on
supplying heating and cooling industry contractors with quality
products. With a focus on service honed for more than 60 years
and as a leading distributor for trusted brands such as American
Standard and Trane, Munch’s Supply continues to serve as the
premier source for HVAC contractors throughout Illinois,
Northwest Indiana and Michigan.
https://www.munchsupply.com/
About Rotunda
Capital Partners
Rotunda Capital Partners is a private equity firm that invests
equity capital in established and profitable lower middle-market
companies. As an independent deal sponsor, Rotunda Capital raises
and invests the capital of its principals, institutions, family
offices and high net worth individuals on a deal-by-deal basis. The
firm uses a rigorous approach to identify market-leading companies
with identifiable growth opportunities and capable management teams
in targeted sectors, including distribution, logistics, financial
services, and business services. Rotunda Capital partners with
industry-leading operating executives to grow each portfolio
company. Since 2009, Rotunda Capital has completed 10 platform
investments and realized four exits. The partners of Rotunda Capital
actively provide guidance and draw on deep industry and financial
relationships to contribute to the successful execution of Rotunda’s
companies’ strategic plans. For more, visit
www.rotundacapital.com.
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