Watsco completes acquisition of Granite Group

Bitget2026/10/12 11:30

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Watsco completed its acquisition of The Granite Group, a plumbing and HVAC distributor with about $500 million in annual revenue.
The Granite Group operates 82 locations across seven Northeast states, serving about 11,000 customers.
The business will continue to run independently under CEO Bill Condron and the existing management team.
The deal expands Watsco’s footprint in plumbing distribution, adding scale and product diversification in a fragmented market.
It is Watsco’s second large acquisition in 2026, following the June purchase of Jackson Supply with about $230 million in annualized sales.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Watsco Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610120730PRIMZONEFULLFEED9843169) on October 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Watsco completes acquisition of Granite Group

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