Sharon Piping & Equipment

Situation

Sharon Piping & Equipment, Inc. (“Sharon”) manufactures, assembles and supplies stainless and carbon steel valve products, pipes, fittings and flanges to the industrial distribution marketplace.

The company’s products include ball, tube full port ball, special service ball, fire safe ball, flanged ball, 3 and 4 way ball, and gate globe and check valves, as well as controls. Sharon’s valves are used by various companies involved in manufacturing, chemical processing, paper and pulp, petroleum, power generation and food processing.

Sharon offers its products through regional representatives in the United States, Latin America, Europe, Asia and the Middle East. Sharon Piping & Equipment, Inc. is based in Northlake, Illinois.

Solution

Amherst Partners (“Amherst”) was engaged by the founder and owner of Sharon and acted as the exclusive financial advisor for the sale of the company.

Results

Exercising the base of knowledge and network of relationships established through previous transactions in the distribution marketplace, Amherst successfully marketed Sharon to a diverse list of domestic and foreign strategic buyers, in addition to select private equity firms.

Amherst secured Smith Cooper, a leading distributor and importer of piping components used in a variety of end markets, as the buyer.