New York – June 2021
– ASC Engineered Solutions, a portfolio company of Tailwind Capital, announced that it has acquired Federalsburg, Maryland-based Trenton Pipe Nipple Co. (“Trenton Pipe Nipple”). Trenton Pipe Nipple produces and supplies brass and stainless nipples, fittings, and pipe to industrial pipe, valve and fittings markets. In addition, the company’s custom fabrication capabilities will enable ASC Engineered Solutions to handle special customer requests for certain pipe nipples. This transaction represents ASC Engineered Solutions’ fourth acquisition since Tailwind acquired the company in November 2017.
ASC Engineered Solutions’ CEO Jason Hild said, “We expect that the addition of Trenton Pipe Nipple will strengthen our organization’s ability to provide differentiated solutions to our customers.”
“We are excited to have the additional product breadth, knowledgeable team members, and distribution partners that Trenton Pipe Nipple brings to us,” said Dean Taylor, executive vice president at ASC Engineered Solutions. “I would personally like to thank Steve Holloway, past owner of Trenton, for his dedication to our industry and wish him well as he transitions into retirement. Steve will provide consultative support through the integration.”
About ASC Engineered Solutions
ASC Engineered Solutions is a premier services and solutions provider of valves, fittings, and supports. The company provides product solutions globally to more than 4,000 customers across diverse end markets that include mechanical/HVAC, industrial, fire protection, oil and gas, commercial and residential construction, agriculture, food and chemical processing and waterworks. The company’s portfolio of global brands includes AFCON®, Anvil, Anvil EPS, AnvilPress, Anvil-Strut, Basic-PSA, Beck, Catawissa, Cooplok, Cooplet, FlexHead, FPPI, Gruvlok, J.B. Smith, Merit, Megawatt, North Alabama Pipe, SCI, Sharpe, SPF/Anvil and SprinkFLEX. For more information, please visit www.asc-es.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 47 portfolio companies and over 135 add-on acquisitions.