Wynnchurch Capital, LLC ("Wynnchurch"), announced today that it has completed an investment in Anderson Metals Corporation, Inc. ("Anderson" or the "Company"). Anderson is a manufacturer of brass fittings, valves, pipe nipples and related products to the plumbing, hardware and general industrial end-markets. The Company is headquartered in Kansas City, Missouri and was founded in 1947.
Chris O'Brien, Managing Partner at Wynnchurch said, "Anderson has built an outstanding reputation and strong leadership position in its industry during the past 70 years. We feel very fortunate to partner with Keith and Kent Anderson going forward. In addition, we believe this is an ideal opportunity for Paul Ciolino, a Wynnchurch Operating Partner and former CEO of US Pipe, to work with management and leverage his leadership, industry expertise and relationships to take Anderson to the next level." Greg Gleason, Managing Director at Wynnchurch added, "We are excited to invest in Anderson and to build on the Company's history of success. We believe that Anderson's focus on providing customers with industry leading quality, availability and service, combined with Wynnchurch's experience, positions Anderson to be a strong platform for growth."