Marcone Acquires Skilled Plumbing Group


ST. LOUIS, Dec. 20, 2021 /PRNewswire/ — Marcone, the main residential equipment components distributor and portfolio firm of Genstar Capital, right this moment introduced that it has acquired Skilled Plumbing Group (PPG), a distributor of plumbing merchandise for restore and transform purposes, from Dunes Level Capital, LP.

PPG designs, manufactures, markets and distributes high-quality plumbing merchandise. PPG’s portfolio consists of merchandise from two proprietary manufacturers – Wolverine Brass, and Speakman – in addition to third-party merchandise throughout all the main manufacturers. Wolverine Brass is a revered model promoting prime quality plumbing merchandise for the previous 125+ years solely to skilled plumbers and commerce personnel; Speakman is a 150+ year-old model broadly identified for prime quality showers and different fixtures. PPG sells 20,000 SKUs to greater than 10,000 prospects together with plumbing technicians, third-party distributors, ecommerce suppliers and retailers and thru business channels comparable to hospitality. PPG has practically 300 workers and relies in Concordville, PA.

Jim Souers, Chief Govt Officer of Marcone, acknowledged, “PPG is an outstanding enterprise and a pacesetter within the plumbing specialty market working by extremely diversified gross sales channels with long-established buyer relationships. Its manufacturers are well-known and trusted among the many commerce group and is a robust strategic match with our go ahead technique. We’re excited to capitalize on elevated spending on plumbing merchandise from customers, technicians and bigger strategic accounts, and stay up for working along with PPG to speed up progress. We’re happy to welcome PPG’s robust administration crew and group to the Marcone household.”

Rob Rutledge, Managing Director at Genstar Capital, mentioned, “After we partnered with Marcone and its administration crew earlier this 12 months, we knew it was a really excellent enterprise in its core market with a big alternative to broaden by promoting different components and companies into the house. PPG represents an thrilling step into the massive and fragmented plumbing market, with materials income alternatives throughout the mixed buyer base.”

About Marcone
Marcone is a licensed distributor for main manufacturers comparable to Whirlpool, Electrolux, Basic Electrical, Maytag, Bosch, Samsung, L-G and lots of extra.  Via its huge distribution community, Marcone provides the biggest stock of unique alternative components within the nation for family home equipment comparable to fridges, ranges, dishwashers, microwaves, washers, and dryers.  Marcone exports to over 120 nations and likewise operates a complete coaching institute providing high quality enterprise and technical coaching. Headquartered in St. Louis, Marcone has 12 regional distribution facilities and practically 50 retail facilities.

About PPG
PPG is a distributor of plumbing merchandise for restore and transform purposes. PPG distributes two proprietary manufacturers (Wolverine Brass and Speakman), together with third-party plumbing merchandise. PPG serves ten thousand prospects throughout 4 channels: direct-to-trade, business, ecommerce, and retail. PPG is headquartered in Concordville, PA and employs practically 300 individuals. For extra info, go to

About Genstar Capital
Genstar Capital ( is a number one personal fairness agency that has been actively investing in prime quality corporations for over 30 years.  Based mostly in San Francisco, Genstar works in partnership with its administration groups and its community of strategic advisors to rework its portfolio corporations into industry-leading companies. Genstar presently has roughly $33 billion of property beneath administration and targets investments centered on focused segments of the monetary companies, industrials, healthcare, and software program industries.

Contact: Chris Tofalli                                                                                    
Chris Tofalli Public Relations                                                                        

SOURCE Marcone


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