The Comvest Group, through its Comvest Investment Partners IV fund, has acquired Lennox Hearth Products (LHP) from Lennox International, Inc. LHP is a manufacturer of fireplaces, fireplace inserts, freestanding stoves, gas log sets, accessories, and venting products.
John Caple, a managing director with Comvest, says, “We are excited about the opportunities for LHP to be a leader in the hearth industry. LHP has invested significantly, in the past few years, in innovation and new products, and we are looking forward to the company’s continued growth. We believe that LHP President and CEO Wendy Howells and her team are well positioned to continue the company’s tradition of product innovation and industry-leading customer service.”
Howells says, “Throughout the process, the Comvest team has repeatedly demonstrated its belief in the importance of serving customers and executing on a robust, growthoriented strategy. I believe our partnership with Comvest will further strengthen our ability to grow and serve the hearth market.”