#ANVIL INTERNATIONAL ISO#

Its ISO 9001:2008 certified manufacturing facilities are located in PA, TN, TX, AL and RI.Exeter, New Hampshire-based Anvil International, a manufacturer and supplier of products that connect, hang and support piping systems, announced it acquired Basic-PSA of Johnstown, Pennsylvania. Anvil’s portfolio of brands includes AFCON, JBS, Anvil-Strut, SprinkFLEX, SPF/Anvil, Catawissa, Gruvlok, Beck, Merit, FlexHead, Basic-PSA, North Alabama Pipe, Anvil EPS and Megawatt. Anvil offers products and services worldwide. The company offers expertise and product solutions for a wide range of applications, from plumbing and mechanical, HVAC, industrial and fire protection, to mining and oil and gas. For more than 165 years, Anvil has provided the highest-quality pipe products and services with integrity and dedication to superior customer service. For more information, please visit About Anvil InternationalĪnvil International is one of the largest and most complete manufacturers of pipe fittings, couplings, pipe hangers and piping support systems in the world.

The firm has offices in New York, Chicago, and Frankfurt. OEP, founded in 2001, spun out of JP Morgan in 2015. Since 2001, the firm has completed more than 180 transactions worldwide. OEP is a trusted partner with a differentiated investment process, a broad and senior team, and an established track record generating long-term value for its partners. The firm builds market-leading companies by identifying and executing transformative business combinations. OEP is a middle-market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. “These add on acquisitions were transformational for Anvil, expanding its product offerings and generating significant growth,” said Lee Gardner, Managing Director, OEP. “The growth and company’s sale reflects OEP’s strengths in partnering with management to build a global and scalable business.” “Anvil presented an excellent opportunity to bring our expertise and resources to bear in establishing an independent company,” said Andrew Oliver, Managing Director, OEP. The firm and Anvil’s management team optimized manufacturing facilities, expanded its piping business into higher-margin product segments and nearly doubled its EBITDA during OEP’s ownership. The Company subsequently acquired five complementary businesses that transformed it into a leader with strong global distribution operations.

OEP acquired Anvil through a carve-out transaction in January 2017.

“OEP’s successful approach included several complementary acquisitions that drove our strong growth trajectory and made the Company attractive to a strategic buyer,” said JB Cherry, Senior Managing Director, OEP. The Company’s complete line of piping and connection support systems are manufactured in Pennsylvania, Texas, Rhode Island, Tennessee and Alabama. and global businesses across the industrial, mechanical, fire protection, mining and energy industries. Headquartered in Exeter, N.H., Anvil manufactures branded fittings, seismic bracing, struts, pipe shields and valves for U.S. Financial terms of the private transaction were not disclosed. NEW YORK – – One Equity Partners ('OEP'), a leading middle market private equity firm, today announced that it has completed the sale of Anvil International (“Anvil” or “the Company”), a global designer, manufacturer and provider of high-quality products that connect and support piping systems, to Smith-Cooper International (“Smith-Cooper”), a global designer and provider of branded, high-quality pipes, valves, and fittings. Second Successful Exit from OEP Fund VI, EBITDA Nearly Doubled and Five Add-On Acquisitions Completed to Transform Company During Firm’s Ownership

Anvil international