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Home » Distribution Industry News » Grove Mountain Partners Acquires Plimpton & Hills

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  • Published on: January 12, 2024

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Distribution Industry News

Grove Mountain Partners Acquires Plimpton & Hills

Grove Mountain Partners, a private equity firm specializing in investments in home service companies and specialty business service companies, has acquired a majority stake in Plimpton & Hills, wholesale distributor of plumbing and HVAC equipment in Connecticut and adjacent geographies.

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Plimpton & Hills, a 125-year-old family-owned business, will retain the equity and board-level commitment of the Hills family.

“Grove Mountain Partners uniquely understands and respects Plimpton & Hills’ multi-generational customer relationships, its deep and first-class supplier base, and its well-known reputation for good service, inventory and integrity,” said Tripp Hills, former owner and president of Plimpton and Hills. “As part of this transaction, we are promoting Susan Montgomery to president. Susan embodies Plimpton & Hills’ devotion to customers, customer service and care for our associates.”

Plimpton & Hills has more than 20 locations in three states.

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1 thought on “Grove Mountain Partners Acquires Plimpton & Hills”

  1. Avatar
    Tim LePrevost
    January 24, 2024 at 8:23 am

    Would like to have the e-mail for the VP of sales if possible .

    tim@leelph.com

    Reply

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