Munch’s Supply Purchases Colorado-based Comfort Air Distributing
NEW LENOX, Ill. — Munch’s Supply, a Midwest-based HVAC distributor, has acquired Comfort Air Distributing and its three Colorado branches. This will expand the company’s geographic footprint to 27 locations in nine states.
“The Comfort Air Distributing purchase is part of Munch’s long-term strategy to expand our platform into other regions through strategic acquisitions,” said Robert Munch, CEO, Munch’s Supply. “We’re excited to welcome Comfort Air Distributing’s customers and employees. Customer service will remain our No. 1 priority.”
The company will continue to operate under the Comfort Air Distributing name, offering Rheem heating and air conditioning equipment, and will continue to serve Colorado and 13 Wyoming counties out of branches in Denver, Centennial, and Colorado Springs, Colorado.
“We couldn’t have made it 30 years without the tremendous support from our customers and team members,” said Jim O’Mara, president, Comfort Air Distributing. “I am very happy to find a trusted company in Munch’s to continue the Comfort Air legacy.”
Dave Schrock, executive vice president, Comfort Air Distributing, added, “We are excited to find a company with similar values that is focused on preserving our family culture. It was important for us to find a partner who will care about our employees as much as we do.”
“Jim and Dave have done a wonderful job building a company with great people and a great culture,” continued Munch. “These are only found in the best organizations, and we are happy to support the team to continue to build on this foundation.”
The acquisition demonstrates Munch’s ongoing commitment to the HVAC marketplace.
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.
CapitalValue Advisors served as financial advisor to Comfort Air Distributing on the transaction.
For more information, visit www.munchsupply.com.
Publication date: 03/12/19