Anderson Metals has been acquired by Wynnchurch Capital, LLC, a Chicago-based private equity firm.
According to Keith Anderson, “Our leadership team is excited about this next step for our business. We are completely committed to supporting and serving our customers and business partners, as well as maintaining and building on Anderson’s position as a leading manufacturer of brass fittings, valves, pipe nipples and related products for the plumbing, hardware and industrial end-markets.
“Wynnchurch currently manages more than $2.3 billion of committed investment capital and has invested in more than 40 companies with combined sales in excess of $5 billion. Wynnchurch has extensive experience partnering with companies to achieve operational excellence and we look forward to working with them as we accelerate our growth plan.”
Kent Anderson added, “We are dedicated to continuing to provide our customers with the highest quality and broadest line of products, fastest lead times and industry leading service. We are committed to continuing our strong track record of success and are confident that, in partnership with Wynnchurch, our future prospects together are even stronger.”