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Bbh Capital Partners Invests In The Granite Group

Oct 18, 2021•over 3 years ago

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.

Company Information

Company

The Granite Group

About

The Granite Group (Granite) distributes plumbing, heating, cooling, water and propane supplies to contractors and fuel dealers across New England through over 47 wholesale branches and our Online Store. The company also operates 15 retail showrooms under The Ultimate Bath Store name, offering an expertly-trained staff to assist with product selection and an extensive array of decorative plumbing fixtures and accessories. In 2016, The Granite Group launched their "Online Store," a best-in-class E-Business portal built specifically for its core customers.

FundzWatch™ Score

72
Medium Activity

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