Description
BBH Capital Partners (BBHCP) today announced that it has completed a growth capital investment in The Granite Group (Granite or the Company), in partnership with existing management and the Condron family. Founded in 1971 and based in Concord, NH, Granite distributes plumbing, heating, cooling, water, and propane supplies to residential and commercial contractors across New England through 47 wholesale branches and its e-commerce operation. Granite plays a critical role in the market, providing a value-added, in-person experience for the professional segment via a strategically located, customer-centric, and densely distributed branch network that compares favorably to national competitors in the New England market.
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