U. S. Pipe Acquires Custom Fab
Rosemont, IL. - August 13, 2015 - United States Pipe and Foundry Company, LLC
("U.S. Pipe"), a portfolio company of Wynnchurch Capital ("Wynnchurch") and Comvest
Partners ("Comvest"), announced the acquisition of Custom Fab, Inc. ("Custom Fab").
Custom Fab is a leading fabricator of pipes and fittings mainly for the waterworks
industry. Custom Fab also specializes in the application of specialty linings and
coatings. The combination strengthens U.S. Pipe's fabrication business, increases pipe,
fittings and flange sales to customers, and enhances its service offering.
Paul Ciolino, U.S. Pipe's Chief Executive Officer, said in a statement, "With the addition
of Custom Fab, we will offer a broader range of products and services from a more
diversified footprint to both businesses' customers. This combination will improve our
respective cost positions and enable us to operate more efficiently and improve
customer service." Chris Comins of Custom Fab commented, "We are excited to be a
part of U.S. Pipe. Both companies are committed to exceptional customer service and
our customer base will benefit from our combined resources."