Marcone is a leading distributor of aftermarket parts for the repair of residential appliances in the United States and Canada. Marcone's customer base is comprised of thousands of residential appliance repair service providers and technicians, as well as extended warranty providers (e.g., American Homeshield) and retailers offering appliance repair service (e.g. Lowe’s). The Company provides industry-leading parts availability and responsiveness through an unmatched distribution footprint comprised of ten regional distribution centers and 35 local branches. It offers customers ~70,000 unique SKUs and delivers parts to 90% of customers next-day (100% coverage in two days).
Invest in the leading distributor of aftermarket parts for the repair of residential appliances, and build the business through a combination of: 1) organic growth from both market growth and continued market share gains driven by the Company’s scale, best in class technology and superior parts availability; and 2) tuck-in and / or strategic acquisitions, selective expansion into new end markets (e.g., HVAC, MRO). Drive profitability improvement through economies of scale and operating leverage.
Sterling Investment Partners Invests in Marcone Appliance Parts