PE Tech Report

NEWSLETTER

Like this article?

Sign up to our free newsletter

One Equity Partners’ Anvil International acquires FlexHead Industries

Anvil International (Anvil), a North American manufacturer and supplier of products that connect, hang and support piping systems, has acquired the assets of FlexHead Industries and SprinkFLEX from Atkore International Group Inc.

Anvil is a portfolio company of middle market private equity firm One Equity Partners (OEP).
 
Financial terms of the transaction have not been disclosed.
 
Headquartered in Holliston, Massachusetts, FlexHead Industries and SprinkFLEX manufacture adjustable steel hoses, brackets and fittings for fire safety systems used in commercial buildings, hospitals, schools, government buildings and other facilities. Both companies will retain their existing brand names under Anvil’s ownership.
 
“FlexHead Industries and SprinkFLEX are highly complementary to Anvil,” says Andrew Oliver, Managing Director, OEP. “The Company’s acquisition reflects OEP’s focus on partnering with management teams to grow through carve-out transactions that drive market expansion.”
 
“FlexHead Industries and SprinkFLEX enable us to serve our customers with a broader range of high quality, cost-effective solutions that meet their needs in major grid and drop ceiling spaces, while reducing installation, inspection and maintenance costs,” says Tom Fish, CEO of Anvil International.
 
“We are excited to add two exceptional brands to our family of leading edge piping and fire protection support products. FlexHead and SprinkFLEX are an excellent strategic fit for Anvil,” adds Dean Taylor, Vice President of Anvil International. 
 
OEP acquired a majority interest in Anvil in January of last year. Anvil subsequently acquired AFCON, a leading provider of patented fire protection pipe hangers and seismic bracing products; and, the Grinnell Grooved Mechanical Product suite from Johnson Controls.

Like this article? Sign up to our free newsletter

MOST POPULAR

FURTHER READING

Featured