macro

Watsco Completes The Granite Group Deal With About $500M Sales

Watsco completed its acquisition of The Granite Group, a plumbing and HVAC distributor with about $500 million in sales across seven states.

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what happened

Watsco has completed the acquisition of The Granite Group, a diversified distributor of plumbing products and HVAC systems. TradingView, citing a Watsco press release, said the business operates across seven Northeastern states, has 82 locations and generates approximately $500 million in sales.

The Granite Group will continue operating independently following the transaction. The acquisition broadens Watsco’s regional presence, customer base and product offering while supporting its ongoing buy-and-build strategy. It is Watsco’s second large deal in 2026.

why it matters

The transaction could materially expand Watsco’s scale and strengthen its position in plumbing and HVAC distribution. Financial terms, accretion figures, synergy targets and post-closing performance details have not been disclosed.

instruments

Watsco (WSO)

sources

  1. Watsco, Inc. (WSO) Closes Deal for The Granite Group With ~$500M Sales — TradingView, 12 October 2026 at 11:30 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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