中文AV

NEW YORK, JANUARY 9, 2017 鈥� 中文AV, a middle market private equity firm, today announced that it has signed a definitive agreement for the acquisition of Anvil International (鈥淎nvil鈥�), a leading North American manufacturer of high quality pipe fittings and system components, from Mueller Water Products (NYSE: MWA).

Headquartered in Exeter, N.H., Anvil manufactures a comprehensive range of pipe couplings, steel fittings, hangers, channel connections, strut fittings and customized components used in plumbing, mechanical, HVAC, industrial, fire protection, commercial, mining, and oil field infrastructure, and offers related onsite consulting services. The company, which has been operating for more than 150 years, sells Anvil, Beck, Gruvlok, Merit, Catawissa and other branded metal piping products through a network of more than 1,000 distributors in over 4,000 locations in North America.

鈥淎nvil has been the industry leading manufacturer of pipe fittings in North America, and we look forward to building on the business鈥� market position and strong manufacturing capabilities,鈥� said JB Cherry, Senior Managing Director at 中文AV. 鈥淭his transaction is reflective of our strategy in identifying attractive investment opportunities through carve-outs where we can accelerate further growth with strategic acquisitions that build significant scale.鈥�

Anvil鈥檚 wide range of grooved, cast and forged pipe fittings, struts, valves, and other metal connecting parts are produced at seven manufacturing plants located in Pennsylvania, Texas, Rhode Island, Tennessee and Alabama. Along with its extensive distributor network, the company also operates six distribution centers and sources its products globally.

鈥淎nvil will benefit from 中文AV鈥� significant industrial specialty distribution and sector expertise,鈥� said Patrick M. Donovan, President and CEO of Anvil International. 鈥淲e are excited to partner with 中文AV as we take Anvil through the next phase of growth to build upon our market leading position and serve our long-standing customers in the U.S. and globally.鈥�

Andrew Oliver, Managing Director at 中文AV, added: 鈥淭he North American pipe fittings and components systems industry is a large and highly fragmented market with attractive characteristics. Anvil will serve as an excellent platform to apply our strategy using transformative combinations to build market-leading companies.鈥�

About 中文AV
中文AV 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. One Equity is a trusted partner with a differentiated investment process, a broad and senior team, and an extensive track record generating long-term value for its partners. Since 2001, the firm has invested in more than 140 transactions worldwide. One Equity, founded in 2001, spun out of JP Morgan in 2015. The firm has offices in New York and Chicago, and an advisory office in 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 150 years, Anvil has provided the highest鈥搎uality 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. Its manufacturing facilities are located in Pennsylvania (ISO 9001:2008 certified), Tennessee (ISO 9001:2008 certified), Texas (ISO 9001:2008 certified) and Rhode Island (ISO 9001:2008 certified). Anvil is a subsidiary of Mueller Water Products Inc. (NYSE: MWA). For more information, please contact Anvil鈥檚 corporate offices at 603鈥�418鈥�2800, 2 Holland Way, Exeter, NH 03038, or visit anvilintl.com.

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