Subscribe to our newsletters & stay updated
Munch's Supply, a leading North American heating, air conditioning, and plumbing distributor has acquired TML Supply and its 13 branches servicing the province of Ontario, Canada. This will expand Munch's geographic footprint to 64 locations serving 16 U.S. states and one Canadian province.
TML Supply President Bill Edmanson said, "We are so proud of the legacy that we've built at TML Supply. Our customers and employees have always come first and I am excited about the bright future that a partnership with Munch's Supply offers. We are excited about the opportunities this transaction provides to both TML Supply employees and customers."
"Bill and his team have been serving the Ontario market since 1953, building one of the largest distributorships in the province," added Bob Munch, CEO of Munch's Supply. "They have done this by providing exceptional service and high-quality HVAC brands like Tempstar, Keeprite and Frigidaire, along with a highly successful sheet metal fabrication business. We are honored to be given the opportunity to continue growing TML Supply in the Ontario market."
Curtis Shea, president of Munch's Supply in Canada said, "TML Supply has earned a great reputation as a preeminent provider of HVAC products in Ontario. We are excited to welcome them to the Munch family."
The acquisition demonstrates Munch's ongoing dedication to the HVAC and plumbing marketplace and reinforces its commitment to partnering with family and customer-service focused businesses looking for either a long-term partnership or an exit strategy.
Munch's Supply has been operating in the Chicagoland area for 65 years and is consistently ranked as a top HVAC distributor in the United States. 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 in its organic and M&A growth initiatives.