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The Granite Group

Full company profile

uuid0007vf4

Namestring
The Granite Group
Websiteurl
thegranitegroup.com
Company typeenum
Private
Founded yearint
1972
Descriptiontext

The Granite Group is a privately held wholesale distributor of plumbing and heating products headquartered in Concord, NH, serving plumbing and HVAC contractors, trade professionals, and remodelers across the Northeast United States. The company operates 66 wholesale branch locations across New England supported by a central distribution facility in Londonderry, NH, and supplements its functional product offering with premium decorative plumbing showrooms operated under the Designer Bath brand. Revenue is generated through hardware sales of plumbing and heating equipment to contractor accounts and through design-consultative sales to remodelers and homeowners at the decorative showrooms, using a B2B wholesale distribution model with both wholesale branches and retail-style storefronts.

The company pursues an acquisition-led growth strategy, having completed multiple acquisitions between 2022 and 2026, including United Plumbing Supply, Premier Supply Group (April 2024), Salem Plumbing Supply (December 2025), Hynes Plumbing Supply, and P&E Supply, systematically infilling the New England geography and adding complementary brand portfolios. Both Premier Supply Group and Salem Plumbing Supply were third-generation family-led distributors, and The Granite Group itself remains under founder Kevin Condron (Chairman) and Bill Condron (CEO), with funding from BBH Capital Partners received in October 2021 to support expansion. Underlying technology is limited; the company announced an integration with FieldPulse field management software in March 2025 to streamline contractor ordering workflows, but no proprietary technology platforms, AI capabilities, or API-driven product surfaces are disclosed in available sources.

Short descriptiontext

The Granite Group is a privately held Northeast wholesale distributor of plumbing and heating products, operating 66 branch locations across New England from Concord, NH. It serves plumbing and HVAC contractors, trade professionals, and remodelers via wholesale branches and Designer Bath decorative showrooms, growing through acquisitions.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersConcord, United States
HQ citystring
Concord
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
wholesale plumbing supply, heating and HVAC distribution, bathroom fixtures retail, hydronic heating systems, plumbing wholesale distribution
NAICS code1 code
  • Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers423720
SIC code1 code
  • Wholesale-Hardware & Plumbing & Heating Equipment & Supplies5070
Product category
Plumbing and Heating Wholesale Distribution
Social media profiles2 records
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model1 record
1Wholesale distribution of plumbing and heating products
TypeHardware Sales
Description

The Granite Group generates revenue through wholesale distribution of plumbing, heating, and related products to contractors and trade professionals. Revenue is derived from product sales through multiple branch locations.

finance.yahoo.com
Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Supply Chain, Personnel, Operations, Infrastructure
GTM typeB2B and B2C
B2B and B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

The Granite Group is a wholesale distributor of plumbing, heating, and bath products serving plumbing contractors, builders, and remodelers across New England and parts of the Mid-Atlantic. Founded in 1972 and headquartered in Concord, NH, the company operates a network of branch locations and central distribution facilities supplying pipes, valves, fittings, fixtures, boilers, and water heaters. In addition to wholesale supply, it operates Designer Bath showrooms offering bathroom fixtures and design services to consumers and trade clients.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

The Granite Group is a leading Northeast distributor of plumbing and heating products operating as a single unified distribution business. The company operates 66 wholesale branch locations supported by a central distribution facility in Londonderry, NH, along with decorative plumbing showrooms under the Designer Bath brand. The portfolio includes core plumbing and heating products alongside acquired brands such as Premier Supply Group (western New England) and Salem Plumbing Supply (eastern Massachusetts with Designer Bath showrooms). The company serves contractors and trade professionals through an integrated network with FieldPulse software integration for operational efficiency.

Product and service2 records
1Plumbing and Heating Wholesale Distribution
CategoryWholesale Distribution
2Designer Bath Showrooms
CategoryRetail Showrooms
Scale indicator4 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
1Apex Supply
TypeDirect peer
Description

Pacific Northwest plumbing and HVAC distributor serving contractors from multiple branch locations. Comparable business model and customer base with regional rather than national scale.

2White Cap
TypeBroad incumbent
Description

Broad construction supplies distributor (formerly HD Supply Construction). Comparable B2B contractor customer base, but operates at much larger scale with a wider product portfolio including concrete, lumber, and tools beyond plumbing/heating.

3Hajoca Corporation
TypeDirect peer
Description

Largest privately held US plumbing distributor, family-owned since 1858. Highly comparable in customer focus (plumbing contractors), branch-based model, and family-led governance with The Granite Group.

4Ferguson Enterprises
TypeDirect peer
Description

The largest US distributor of plumbing and HVAC products, serving roughly the same contractor customer base with a similar B2B wholesale model. Directly comparable in product mix and channel; substantially larger in scale and public-market scale advantages.

5Plumb Supply
TypeDirect peer
Description

Iowa-based regional plumbing and HVAC distributor serving contractors across the Midwest. Comparable in business model and customer focus, with a different geographic footprint than the Northeast-concentrated Granite Group.

6Winsupply
TypeDirect peer
Description

Major US plumbing, HVAC, and industrial distributor operating through local companies serving contractors. Closely comparable business model and customer base; private company with similar acquisition-driven growth strategy.

7R.E. Michel Company
TypeDirect peer
Description

Family-owned US distributor of HVAC products and parts serving contractors since 1935. Comparable in scale, family-ownership structure, and contractor-focused business model.

8Reece Group
TypeRegional player
Description

Largest Australian plumbing and bathroom products distributor. Highly comparable business model and customer base, but operates primarily in Australia and New Zealand with no direct US overlap.

9ACR Supply
TypeDirect peer
Description

Regional Mid-Atlantic distributor of plumbing, heating, and HVAC products serving contractors. Comparable in scale, customer base, and branch-based wholesale model.

10Johnstone Supply
TypeDirect peer
Description

HVAC-focused wholesale cooperative serving independent contractors through owner-operated branches. Comparable B2B trade distribution model and customer base, though HVAC-skewed versus Granite Group's plumbing/heating balance.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration1 record

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries3 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

The Granite Group

Plumbing and Heating Wholesale Distributionthegranitegroup.com

The Granite Group is a privately held Northeast wholesale distributor of plumbing and heating products, operating 66 branch locations across New England from Concord, NH. It serves plumbing and HVAC contractors, trade professionals, and remodelers via wholesale branches and Designer Bath decorative showrooms, growing through acquisitions.

What The Granite Group does

The Granite Group is a privately held wholesale distributor of plumbing and heating products headquartered in Concord, NH, serving plumbing and HVAC contractors, trade professionals, and remodelers across the Northeast United States. The company operates 66 wholesale branch locations across New England supported by a central distribution facility in Londonderry, NH, and supplements its functional product offering with premium decorative plumbing showrooms operated under the Designer Bath brand. Revenue is generated through hardware sales of plumbing and heating equipment to contractor accounts and through design-consultative sales to remodelers and homeowners at the decorative showrooms, using a B2B wholesale distribution model with both wholesale branches and retail-style storefronts.

The company pursues an acquisition-led growth strategy, having completed multiple acquisitions between 2022 and 2026, including United Plumbing Supply, Premier Supply Group (April 2024), Salem Plumbing Supply (December 2025), Hynes Plumbing Supply, and P&E Supply, systematically infilling the New England geography and adding complementary brand portfolios. Both Premier Supply Group and Salem Plumbing Supply were third-generation family-led distributors, and The Granite Group itself remains under founder Kevin Condron (Chairman) and Bill Condron (CEO), with funding from BBH Capital Partners received in October 2021 to support expansion. Underlying technology is limited; the company announced an integration with FieldPulse field management software in March 2025 to streamline contractor ordering workflows, but no proprietary technology platforms, AI capabilities, or API-driven product surfaces are disclosed in available sources.

The Granite Group firmographics

Firmographics
Name
The Granite Group
Website
https://thegranitegroup.com
Company type
Private
Founded year
1972
Operating status
Operating
Headcount range
501–1,000 employees
Short description
The Granite Group is a privately held Northeast wholesale distributor of plumbing and heating products, operating 66 branch locations across New England from Concord, NH. It serves plumbing and HVAC contractors, trade professionals, and remodelers via wholesale branches and Designer Bath decorative showrooms, growing through acquisitions.
Ownership category
akta.pro rank

Where The Granite Group is headquartered

Location

Headquarters

HQ city
Concord
HQ country
United States
HQ region
North America

Offices2 records

Markets served

The Granite Group business model

Business model
GTM type
B2B and B2C
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Personnel, Operations, Infrastructure

Revenue model

  1. Wholesale distribution of plumbing and heating products: The Granite Group generates revenue through wholesale distribution of plumbing, heating, and related products to contractors and trade professionals. Revenue is derived from product sales through multiple branch locations.

Go-to-market motion2 records

Distribution channels2 records

The Granite Group product offering

Product offering

Core offering

The Granite Group is a wholesale distributor of plumbing, heating, and bath products serving plumbing contractors, builders, and remodelers across New England and parts of the Mid-Atlantic. Founded in 1972 and headquartered in Concord, NH, the company operates a network of branch locations and central distribution facilities supplying pipes, valves, fittings, fixtures, boilers, and water heaters. In addition to wholesale supply, it operates Designer Bath showrooms offering bathroom fixtures and design services to consumers and trade clients.

Product overview

The Granite Group is a leading Northeast distributor of plumbing and heating products operating as a single unified distribution business. The company operates 66 wholesale branch locations supported by a central distribution facility in Londonderry, NH, along with decorative plumbing showrooms under the Designer Bath brand. The portfolio includes core plumbing and heating products alongside acquired brands such as Premier Supply Group (western New England) and Salem Plumbing Supply (eastern Massachusetts with Designer Bath showrooms). The company serves contractors and trade professionals through an integrated network with FieldPulse software integration for operational efficiency.

Differentiator

Problem solved

Functional benefit

Products and services

  • Plumbing and Heating Wholesale Distribution
  • Designer Bath Showrooms

Companies that use The Granite Group

Customer profile

Segments2 records

Ideal customer profiles2 records

The Granite Group technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration1 record

The Granite Group partnerships and signals

Strategic signal

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

The Granite Group competitors and assessment

Company assessment

Direct peers

  • Apex Supply: Pacific Northwest plumbing and HVAC distributor serving contractors from multiple branch locations. Comparable business model and customer base with regional rather than national scale.
  • Hajoca Corporation: Largest privately held US plumbing distributor, family-owned since 1858. Highly comparable in customer focus (plumbing contractors), branch-based model, and family-led governance with The Granite Group.
  • Ferguson Enterprises: The largest US distributor of plumbing and HVAC products, serving roughly the same contractor customer base with a similar B2B wholesale model. Directly comparable in product mix and channel; substantially larger in scale and public-market scale advantages.
  • Plumb Supply: Iowa-based regional plumbing and HVAC distributor serving contractors across the Midwest. Comparable in business model and customer focus, with a different geographic footprint than the Northeast-concentrated Granite Group.
  • Winsupply: Major US plumbing, HVAC, and industrial distributor operating through local companies serving contractors. Closely comparable business model and customer base; private company with similar acquisition-driven growth strategy.
  • R.E. Michel Company: Family-owned US distributor of HVAC products and parts serving contractors since 1935. Comparable in scale, family-ownership structure, and contractor-focused business model.
  • ACR Supply: Regional Mid-Atlantic distributor of plumbing, heating, and HVAC products serving contractors. Comparable in scale, customer base, and branch-based wholesale model.
  • Johnstone Supply: HVAC-focused wholesale cooperative serving independent contractors through owner-operated branches. Comparable B2B trade distribution model and customer base, though HVAC-skewed versus Granite Group's plumbing/heating balance.

Broad incumbents

  • White Cap: Broad construction supplies distributor (formerly HD Supply Construction). Comparable B2B contractor customer base, but operates at much larger scale with a wider product portfolio including concrete, lumber, and tools beyond plumbing/heating.

Regional players

  • Reece Group: Largest Australian plumbing and bathroom products distributor. Highly comparable business model and customer base, but operates primarily in Australia and New Zealand with no direct US overlap.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

The Granite Group social profiles

Digital presence

The Granite Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

The Granite Group leadership team

Management profile

Number of profiles

Profiles2 records

The Granite Group subsidiaries and ownership

Company hierarchy

Subsidiaries3 records

The Granite Group funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

The Granite Group M&A and investment

M&A and investment

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Granite Group

What does The Granite Group do?

The Granite Group is a wholesale distributor of plumbing, heating, and bath products serving plumbing contractors, builders, and remodelers across New England and parts of the Mid-Atlantic. Founded in 1972 and headquartered in Concord, NH, the company operates a network of branch locations and central distribution facilities supplying pipes, valves, fittings, fixtures, boilers, and water heaters. In addition to wholesale supply, it operates Designer Bath showrooms offering bathroom fixtures and design services to consumers and trade clients.

Is The Granite Group a public or private company?

The Granite Group is a private company. It is classified as family owned and is currently operating.

When was The Granite Group founded?

The Granite Group was founded in 1972. It employs 501 to 1,000 people.

Where is The Granite Group based?

The Granite Group is headquartered in Concord, United States, in the North America region.

How does The Granite Group make money?

One revenue line is on record: wholesale distribution of plumbing and heating products.

Who are The Granite Group's main competitors?

Direct peers on record are Apex Supply, Hajoca Corporation, Ferguson Enterprises, Plumb Supply, Winsupply, R.E. Michel Company, ACR Supply and Johnstone Supply. White Cap is listed as a broad incumbent. Reece Group is listed as a regional player.

Does The Granite Group have an API?

No public API is recorded for The Granite Group.

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Live signals
citybizWatsco Acquires Granite Group, Adding 82 Northeast Plumbing and HVAC LocationsWatsco completed its acquisition of Granite Group, a plumbing and HVAC distributor with about $500 million in sales and 82 locations across seven Northeast states. The deal adds a network serving roughly 11,000 customers, and Granite will operate independently under its existing management. Watsco plans to support further expansion through its scale and technology.Investing.comBBH Capital Partners exits Granite Group via Watsco dealBBH Capital Partners exited its investment in Granite Group, a plumbing and HVAC distributor, through Watsco's acquisition. Granite operates 82 locations and serves about 11,000 customers, having grown over 35 branches since 2010. Financial terms were not disclosed.Stock TitanBBH Capital Partners exits Granite as Watsco agrees to buyBBH Capital Partners exited its investment in Granite Group, a plumbing and HVAC distributor, in connection with Watsco's acquisition. Granite, founded in 1971, serves 11,000 customers across 82 locations and has grown at about 10% CAGR since 2010. The sale to Watsco marks the next chapter for the family-owned company.YahooWatsco Completes Acquisition of The Granite Group, Distributor of Plumbing and HVAC Products with $500 Million in Revenue Throughout the NortheastWatsco completed its acquisition of The Granite Group, a plumbing and HVAC distributor with $500 million in sales across seven Northeast states. The Granite Group serves 11,000 customers from 82 locations and has grown at 10% annual compounded growth since 2010. The acquisition is Watsco's second large deal in 2026, following Jackson Supply.Stock TitanWatsco completes Granite Group acquisition, ~$500M in salesWatsco completed its acquisition of The Granite Group, a plumbing and HVAC distributor with about $500 million in sales across seven Northeast states. The Granite Group operates 82 locations serving 11,000 customers and will remain independent under its existing management. Watsco is seeking additional acquisitions to expand in the fragmented North American distribution market.GlobeNewswireWatsco Completes Acquisition of The Granite Group, Distributor of Plumbing and HVAC Products with $500 Million in Revenue Throughout the NortheastWatsco completed its acquisition of The Granite Group, a plumbing and HVAC distributor with about $500 million in sales across seven Northeast states. The Granite Group, founded in 1971, has grown at a 10% annual compounded rate since 2010 and will operate independently under its existing leadership. Watsco's buy-and-build strategy continues with the second large acquisition of 2026.Business Wire BlogBBH Capital Partners Private Equity Exits The Granite GroupBBH Capital Partners Private Equity exited its investment in Granite, a plumbing and HVAC distributor, upon Watsco's acquisition. Granite, founded in 1971, has grown about 10% annually since 2010 and added over 35 branches. BBHCP praised the sale as a strong outcome for the company and investors.CostarPlumbing/HVAC distributor Granite Group renews industrial lease in Manchester, New HampshireGranite Group, a Concord, New Hampshire-based plumbing and HVAC distributor, renewed its lease for 102,514 square feet in the Manchester Logistics Center. The building, owned by The Kane Company, measures roughly 723,875 square feet and is located near the Manchester-Boston Regional Airport.Digital Commerce 360Watsco expands plumbing footprint with acquisition of The Granite GroupWatsco announced its acquisition of plumbing and HVAC distributor The Granite Group, adding 82 locations. The Granite Group reported nearly $500 million in annual sales and will continue operating independently. The deal is expected to close after regulatory approvals.American City Business JournalsWatsco acquires The Granite Group as HVAC acquisitions accelerateWatsco agreed to acquire The Granite Group, a New Hampshire plumbing and HVAC distributor with about $500 million in sales and 700 employees. The deal is expected to close in the fourth quarter, following Watsco's earlier acquisition of Jackson Supply Co. Watsco reported $2.1 billion in quarterly revenue.