Hajoca Corporation

Rick Fantham, President and CEO, oversees Hajoca's strategy including its distribution buyout program. M&A execution is led by Sara Mitchell Cox, Senior Manager of M&A and Business Development. Former CFO Chris Pappo, who held the role from 1996 to 2019, contributed to the firm's financial architecture before moving to independent investing.

Hajoca is fundamentally an operating company — a plumbing and HVAC distribution network — but one that functions with many characteristics of a family investment vehicle. The Seitz family owns the company outright after taking it private in 1981, and the corporate balance sheet carries a direct real estate portfolio and a pension plan. There is no separate management company or GP/LP structure.

The Employees Retirement Plan of Hajoca Corporation is a corporate defined-benefit plan administered from the firm's Lafayette Hill headquarters. It operates as a segregated institutional pool with its own governance structure. The plan's specific allocation strategy is not publicly disclosed, but it represents a permanent-capital vehicle within the broader Hajoca ecosystem.

Hajoca's known assets are tightly concentrated in distribution-industry buyouts, direct commercial and industrial real estate, and the retirement plan portfolio. Its philanthropic arm, the Hajoca Corporation Charitable Foundation, is organized separately but carries the family name. There is no evidence of venture capital, fund commitments, or third-party limited-partner investments.

The firm directly owns commercial and industrial properties across several states. Known holdings include the National Support Center in Lafayette Hill, Pennsylvania, a distribution facility in Grand Junction, Colorado, industrial space in Doral, Florida, additional industrial square footage in Wilmington, North Carolina, and an office property in Ardmore, Pennsylvania.

Acquisition targets are identified through industry relationships formed over decades in the plumbing and HVAC supply chain. Rick Fantham's leadership roles in the American Supply Association and the Canadian Institute of Plumbing & Heating provide a network that surfaces independent distributors seeking succession or scale. The M&A program is not marketed as a fund — it is a corporate consolidation strategy.

Yes. The Hajoca Corporation Charitable Foundation operates as a separate philanthropic vehicle. Additionally, the Charles F. Seitz, CPA Memorial Scholarship carries the family name and supports educational initiatives. These structures sit alongside — not within — the operating company's commercial activities.