The Comvest Group (“Comvest”), through its Comvest Investment Partners IV fund (“Comvest IV”), is pleased to announce the acquisition of Lennox Hearth Products (“LHP” or “the Company”) from Lennox International, Inc. (NYSE: LII).  LHP is a manufacturer of fireplaces, fireplace inserts, free-standing stoves, gas log sets, accessories and venting products.

John Caple, a Managing Director with Comvest, said, “We are excited about the opportunities for LHP to be a leader in the hearth industry.  LHP has invested significantly in the last 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.”

“Throughout the process, the Comvest team has repeatedly demonstrated its belief in the importance of serving customers and executing on a robust, growth oriented strategy,” said Ms. Howells.  “I believe our partnership with Comvest will further strengthen our ability to grow and serve the hearth market.”