Professional Plumbing Group, Inc.

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Professional Plumbing Group, Inc. - overview

Established

1896

Location

-, PA, US

Primary Industry

Logistics & Distribution

About

Professional Plumbing Group, Inc. specializes in high-quality plumbing products, including tubular items and various plumbing components, serving contractors and distributors across the United States. Founded in 1896 in the US, Professional Plumbing Group, Inc. focuses on manufacturing and distributing plumbing products.


The company was acquired by Mar-Cone Appliance Parts Center in December 2021 from Dunes Point Capital. The founder's specific history is not available, and there are no known pivots or subsidiaries. Professional Plumbing Group (PPG) specializes in the design, manufacturing, and distribution of high-quality plumbing products, primarily focusing on tubular products and a diverse range of plumbing parts. Their core offerings include PPG-branded products, designed to meet stringent performance specifications ensuring reliability and durability in various plumbing applications.


These products cater to plumbing repair professionals, contractors, and distributors, addressing the need for quality components in residential and commercial plumbing systems. PPG's manufacturing operations are centered in South Carolina, where they produce their flagship tubular products, while their distribution network spans several states, ensuring efficient delivery to customers across the United States, including key markets like California, Texas, and Florida. The revenue structure of Professional Plumbing Group revolves around B2B transactions, catering primarily to plumbing contractors, wholesalers, and retailers. Transactions typically involve bulk orders for a variety of plumbing parts and tubular products tailored to client needs.


PPG’s distribution model includes three facilities that facilitate prompt shipping and delivery of orders, enhancing customer satisfaction. The company's revenue is driven by its extensive offerings, including trademark PPG-branded items designed to exceed industry standards. Pricing is established based on product volume and specific client requirements, ensuring competitive rates reflective of PPG's quality and reliability in the plumbing industry. Following the acquisition by Mar-Cone Appliance Parts Center in December 2021, Professional Plumbing Group intends to accelerate its growth.


Specific future strategies include the development of new products and an expansion into new geographic markets. The details on upcoming product launches and their release dates have not been disclosed. The firm is actively targeting growth in the plumbing market across additional regions by leveraging its recent funding to support these initiatives.


Current Investors

Genstar Capital Partners, Mar-Cone Appliance Parts Center

Primary Industry

Logistics & Distribution

Sub Industries

Facilities & Maintenance Services, Water & Sewer Utilities, Electrical, Plumbing & Hardware Distributors

Website

www.ppg-inc.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Professional Plumbing Group, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedProfessional Plumbing Group, Inc.-
Private DebtCompletedProfessional Plumbing Group, Inc.-
BuyoutCompletedProfessional Plumbing Group, Inc.-

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