The acquisition by Ace Hardware will allow the Mutz family to expand the business founded over 125 years ago, offering enhanced service to their Atlanta and north Georgia customers.
ATLANTA, GA—July 10, 2023— Moncrief Heating & Air Conditioning, one of Atlanta’s oldest and most established HVAC companies, was acquired by Ace Hardware paving the way toward a new single-step path to an even better experience for customers with lower cost. Frank Mutz and his family run the business founded in 1898 as a furnace manufacturing and service company. Today, the business remains dedicated to its mission to provide unmatched service and care to customers. The Mutz family will continue to manage the business, but now will have access to Ace’s skill and scale on a wider assortment of products at lower cost with the award-winning service for which Ace and Moncrief have become famous.
Supporting nearly 5000 neighborhood stores across the country, Ace Hardware is the world’s largest retailer-owned hardware cooperative, and in 2024 it will celebrate 100 years of dedication to helpful service in local communities. With the experience of the Mutz family at the helm of Moncrief Heating & Air Conditioning, Ace continues its mission to work with a dedicated team who understands the needs of the Atlanta community. For Frank and General Manager, Phil Mutz, it’s a chance to work with a company that understands the value of a personal connection with local customers.
“We are honored to be a part of the Ace team,” said Phil Mutz, Moncrief General Manager. “While we stick by tried-and-true traditions, we are proud to continually innovate in our business. Ace shares in our mission and values, and they bring a depth of resources that will allow this dedicated team to bring our established level of customer service and quality work to a wider audience and grow the business.”
Moncrief specializes in full-service HVAC installation, repair, and maintenance services for heating and cooling systems, generators, air purifiers, and water heating and filtration systems. The Moncrief team collaborates with both home and business owners to develop tailored solutions that meet the customer’s comfort and air quality needs. The company stands behind its promise to deliver high quality service, transparency in pricing, and respect, values it shares with parent company Ace Hardware.
With its recent acquisition of Moncrief, along with 13 other service companies throughout the US, Ace expands its growing roster of services, which now include handyman services, plumbing, cooling, heating, electrical and paint. Ace is now better positioned to serve more homeowners who are seeking to have many home maintenance projects completed for them in a quality manner performed by trained professionals from brands they can trust.
“We believe we have a real shot at being and becoming the best, most helpful hardware stores on the planet – and – the best, most trusted provider of home preservation services for customers who are longing to fill a gaping hole in their neighborhood; namely, a brand who will stand behind the products they sell and the services they offer,” said John Venhuizen, CEO of Ace Hardware. “And, with respect to prospective job creation, the opportunity may be even larger. In fact, we consider it our duty to offer people the opportunity – even without a college degree – for a meaningful and fulfilling life, skillfully working with their hands – and their head – to repair and replace, to preserve and protect, and to fortify and beautify the largest asset most people own; their home.”
About Moncrief Heating & Air Conditioning, An Ace Hardware Company
Moncrief Heating & Air Conditioning is the oldest HVAC company in Atlanta, proudly serving its customers since 1898 in the greater Atlanta area. Its goal is to provide its customers with the best service in the area. While HVAC has changed continuously over the last 125 years, Moncrief’s core values have endured, including high quality service, transparency on pricing, and respect. For more information, visit moncriefair.com
About Ace Hardware
Ace Hardware is the largest retailer-owned hardware cooperative in the world with over 5,800 locally owned and operated hardware stores in approximately 60 countries. Headquartered in Oak Brook, Ill., Ace and its subsidiaries operate an expansive network of distribution centers in the U.S. and have distribution capabilities in Ningbo, China; and Santa Catarina, Mexico. Ace also owns Ace Hardware Home Services, a collection of local service companies with experienced professionals dedicated to helping homeowners complete home maintenance tasks. Since 1924, Ace has become a part of local communities around the world and known as the place with the Helpful Hardware Folks. For more information, visit acehardware.com or newsroom.acehardware.com.