Announced
Completed
Synopsis
Private equity firm One Equity Partners sold Anvil International, a pipe fittings, pipe hangers, and piping support systems provider, to Smith-Cooper International, a leading designer, producer, importer and value-added distributor of high quality pipe, valves and fittings. Financial terms were not disclosed. “Bringing together Anvil and Smith-Cooper is a unique opportunity to significantly expand the strong and complementary capabilities of both organizations,” said Jason Hild, Chief Executive Officer of SCI. “Anvil’s commitment to domestic manufacturing and deep relationships with their distributor partners make them an excellent complement to Smith-Cooper, with our expertise in global sourcing and our ability to strongly service our customers. We are excited to work collaboratively with the talented Anvil team to create a bright future for our combined business.”
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