The Comvest Group has announced the formation of Innovative Hearth Products (IHP) through the merger of FMI Products and Lennox Hearth Products. IHP 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 look forward to backing a combined management team of veteran hearthindustry executives. We are very pleased with the performance of our investment in Lennox Hearth Products and are investing additional capital to accelerate our growth in the hearth industry.”

Mark Klein, CEO of IHP, says, “I am very excited to work to bring these two great companies together. The product offerings of the combined businesses are highly complementary. With manufacturing in both the East and the West, we will be even better able to serve our customers. I believe that the combination will be a true leader in the hearth industry.”