Business Wire·Oct 12, 2026, 4:00 PM ET

BBH Capital Partners Private Equity Exits The Granite Group

BBH Capital Partners Private Equity (BBHCP) exited its investment in The Granite Group following the company's acquisition by Watsco, Inc.
Founded in 1971 & headquartered in Concord, New Hampshire, The Granite Group operates as a third-generation, family-led distributor of plumbing & HVAC products.
The company serves approximately 11,000 customers across 82 locations in New Hampshire, Vermont, Maine, Massachusetts, Connecticut, Rhode Island, & New York.
Granite offers approximately 29,000 SKUs sourced from more than 450 vendors.
Since 2010, the company achieved approximately 10% compound annual sales growth.
During BBHCP's partnership, Granite added more than 35 net new branches through organic growth & an acquisition strategy.
BBHCP served as Granite's first outside equity partner for five years under a $50 million to $150 million investment mandate.
Houlihan Lokey acted as exclusive financial advisor & Ropes & Gray LLP served as legal counsel to Granite.