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On January 6, 2017, One Equity Partners (“OEP”) completed the acquisition of Anvil International with a plan to grow our leading market positions in the piping systems and components sector.
So what does that mean for Anvil?
OEP is the former private equity arm of J.P. Morgan Chase & Co. They’ve invested over $11 billion in more than 80 deals since 2001. OEP is a growth-oriented business builder, and as part of this transaction will provide Anvil with sufficient liquidity and the operational independence necessary to expand our leading presence in the industry. Our new shareholders’ objectives will be to facilitate future growth of the company and expansion of our leading market position.
This is a great opportunity for Anvil and together we will continue to provide quality solutions to our customers as we Build Connections that Last!