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Watsco to acquire Granite Group after BBH exit signals strategic expansion

Oct 12, 2026, 4:22 PM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

Strategic acquisition by a leading distributor expands Watsco's footprint and revenue opportunities; deal timing uncertain but could lift sentiment near closing.

AI summary

What happened, with direct paths to the underlying reporting

Watsco announced it will acquire Granite Group, a New England plumbing and HVAC distributor, following BBH Capital Partners' exit. Granite, founded 1971 in Concord, NH, serves NH, VT, ME, MA, CT, RI, and adds a regional footprint to Watsco's distribution network. The deal's terms weren't disclosed.

BBH Capital Partners Private Equity exits Granite Group as Granite to be acquired by Watsco.
Granite Group is a plumbing/HVAC distributor founded in 1971 in Concord, NH.
Deal terms not disclosed; Watsco to expand footprint via Granite.
Granite serves NH, VT, ME, MA, CT, RI.

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Watsco to acquire Granite Group after BBH exit signals strategic expansion

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