Tailwind Capital Invests in Smith-Cooper
New York – December 2017 – Tailwind Capital, a leading middle market private equity firm investing in growth-oriented companies in targeted sectors within industrial services, healthcare and business services, announced its acquisition of Smith-Cooper International. Smith-Cooper is a leading distributor of valves, fittings and related products.
Based in Commerce, CA, Smith-Cooper provides its products through three distinct brands. SCI® offers trademarked valves and fittings made of steel, iron, brass, bronze, and stainless steel; Sharpe® offers carbon and stainless steel valves used to control the flow of various media in piping systems; and FPPI® offers fire protection accessory products. The company provides over 15,000 MRO SKUs to more than 4,000 customers across diverse end markets that include industrial, fire protection, oil and gas, commercial and residential construction, agriculture, food and chemical processing and waterworks.
Jason Hild, CEO of Smith-Cooper, commented, “We are thrilled about this new chapter in Smith-Cooper’s growth. We believe Tailwind’s approach and philosophy are well aligned with Smith-Cooper’s key values. We are looking forward to working with the team to leverage their extensive experience within the distribution space and focus on continuing to build our growth platform.”
Jeff Calhoun, Partner at Tailwind, added, “Over the past 25 years, Smith-Cooper has developed a premier reputation within the industrial distribution market. We are excited to partner with the management team and look forward to working closely with them to continue building the organization as it grows its offering of premium products and leverages its superior customer service and product knowledge.”
About Tailwind Capital
Tailwind Capital is a leading middle market private equity firm focused on growth-oriented investments in targeted sectors within industrial services, healthcare and business services. Tailwind partners with experienced management teams and entrepreneurs to transform businesses through organic growth initiatives, acquisitions, and operational and strategic investments. Tailwind manages over $3 billion of committed equity capital, and has invested in 35 portfolio companies and over 55 add-on acquisitions.