Date
01.21.19
۰ͼ’ Anvil International Acquires Basic-PSA, Inc.
Exeter, N.H., (Jan 2, 2019) – Anvil International, a leading North American manufacturer and supplier of products that connect, hang and support piping systems has announced it has acquired Basic-PSA, Inc., of Johnstown, PA. Basic-PSA, Inc. manufactures and services snubbers for the power industry domestically and abroad. The service group is well known in the industry for their on-site inspections and service at nuclear facilities throughout the country.
“Basic’s product lines are highly complementary to Anvil’s Engineered Pipe Supports (EPS) business in North Kingstown, RI,” said Tom Fish, CEO of Anvil International. “Basic’s service business brings a new offering to our portfolio of customer solutions in the power industry.”
Rick Laviolette, VP & General Manager of Anvil EPS, will assume overall responsibilities for the Basic-PSA business and will partner with their management team to expand our presence and offerings in the power industry. Basic-PSA will continue to operate out of their Johnstown, PA manufacturing facility.
About ۰ͼ
OEP is a middle-market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. The firm builds market-leading companies by identifying and executing transformative business combinations. OEP is a trusted partner with a differentiated investment process, a broad and senior team, and an established track record generating long-term value for its partners. Since 2001, the firm has completed more than 180 transactions worldwide. OEP, founded in 2001, spun out of JP Morgan in 2015. The firm has offices in New York, Chicago, and Frankfurt. For more information, please visit .
About Anvil International
Anvil International is one of the largest and most complete manufacturers of pipe fittings, pipe hangers and piping support systems in the world. For more than 165 years, Anvil has provided the highest-quality pipe products and services with integrity and dedication to superior customer service. The company offers expertise and product solutions for a wide range of applications, from plumbing and mechanical, HVAC, industrial and fire protection, to mining and oil and gas. Anvil offers products and services worldwide. For more information, please contact Anvil’s corporate offices at 603-418-2800, 2 Holland Way, Exeter, NH 03833, or visit .
Press contact for ۰ͼ:
Kelly Holman
Stanton
646-502-3509
KHolman@StantonPRM.com