Anvil and Smith-Cooper International Acquire ABZ and Quadrant Valve brands from Forum Energy Technologies, Inc
Commerce, CA and Exeter, NH, January 4, 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).
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 industrial services, business services and healthcare. 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 $3.6 billion of committed equity capital, and has invested in 40 portfolio companies and over 90 add-on acquisitions.