New York – January 2021
– Anvil and Smith-Cooper International ("Anvil/SCI"), a portfolio company of Tailwind Capital, today announced the acquisition of the ABZ and Quadrant Valve brands from parent company Forum Energy Technologies, Inc (NYSE: FET). This transaction represents the third add-on acquisition for Anvil/SCI since Tailwind invested in the company in November 2017.
ABZ, located in Madison, Kansas, is a leading provider of resilient seated and high-performance butterfly valves, serving the industrial, processing, chemical, mining, and data center markets. Quadrant, located in Broussard, Louisiana, is a leading provider of patented, quarter-turn specialty ball and butterfly valves, serving the chemical, petrochemical, and upstream energy markets. ABZ and Quadrant's strong commitment to providing high-quality products and solutions has positioned the brands as industry leaders.
"The acquisition will enhance Anvil and Smith-Cooper International's flow control portfolio with patented and industry-leading products and solutions," said Jason Hild, CEO of Anvil/SCI. "We are confident that these brand additions will bring outstanding product and service benefits to both organizations' existing customers."
ABZ and Quadrant valve brands will join an existing portfolio of flow control brands such as Anvil, FPPI, Gruvlok, SCI, and Sharpe.
About Anvil & Smith Cooper International
Anvil and Smith-Cooper International is a global provider of high-quality pipe connection, support system, fire protection, fabrication, and flow control products and services to the commercial, industrial, manufacturing, oil and gas, and power generation industries. The Company's portfolio of brands includes AFCON®, Anvil, Anvil EPS, Basic-PSA, Beck, Catawissa, Cooplok, Cooplet, FlexHead, FPPI, Gruvlok, J.B. Smith, Merit, Megawatt, North Alabama Pipe, SCI, Sharpe, SPF, and SprinkFLEX. Anvil and Smith-Cooper International has headquarters in Commerce, CA, and Exeter, NH, with manufacturing and distribution locations strategically located throughout North America. For more information, please visit www.anvilintl.com.
About Tailwind Capital
Tailwind Capital is a middle market private equity firm focused on growth-oriented investments in targeted sectors within healthcare, technology and business services and industrial services. Tailwind partners with experienced management teams and entrepreneurs to transform businesses through organic growth initiatives, acquisitions, and operational and strategic investments. Since inception, Tailwind has managed $3.7 billion of committed equity capital, and has invested in 46 portfolio companies and over 125 add-on acquisitions.