United States Pipe and Foundry Co LLC has closed a deal for Fab Pipe Inc.
Rogers, Minn.-based Fab Pipe makes and distributes iron pipe, fittings and related products for the infrastructure market. Terms of the transaction were not disclosed.
U.S. Pipe, headquartered in Birmingham, Ala., manufactures iron pipe products, fittings and joints used for drinking water and wastewater systems. The acquisition should help expand U.S. Pipe’s fabrication capabilities in the Midwest.
U.S. Pipe is backed by Wynnchurch Capital Ltd., a Rosemont, Ill.-based private equity firm, and Comvest Partners, a West Palm Beach, Fla.-based private equity firm.