Graycliff Partners Announces Investment in Republic
Summary
The company supplies over 40,000 different products including residential and commercial HVAC systems, switch gear, controls, and lighting solutions, as well as related parts and tools. Were excited to partner with the Republic team to support existing initiatives and capitalize on growth opportunities, while prioritizing the exceptional customer-oriented culture that has been the cornerstone of the companys strong reputation in the region for over 100 years. As a third-generation family-owned company, it was of utmost importance to find a financial partner that understood our vision and valued our legacy, said Mark Kilmer, Republics CEO of 25 years. Graycliff and managements vision and investment will help deepen Republics position as a value-added partner to its customer base while accelerating growth through the expansion of branch locations, the addition of new services, and the identification and integration of strategic acquisitions. Through dedicated equity and credit funds, Graycliff provides capital for acquisitions, management buyouts, recapitalizations, growth and expansion.