BB&T Capital Partners has invested $12.5 million in equity to support the acquisition of Smith-Cooper International by Blue Point Capital Partners. Based in Commerce, California, Smith-Cooper International is a producer of high quality pipe, valves and fittings.
Based in Commerce, California, Smith-Cooper International is a leading designer, producer, importer and value-added distributor of high quality pipe, valves and fittings to a wide range of customers and end markets. Smith-Cooper International offers over 22,000 SKUs and serves more than 2,500 customers globally. The Company’s diverse industrial maintenance, repair and operations product offering enables it to serve a broad range of end markets including commercial and industrial, energy, chemical and petrochemical refining, and fire protection, among others.
BB&T Capital Partners invested $12.5 million of equity to support the acquisition of Smith-Cooper International by Blue Point Capital Partners.
About BB&T Capital Partners
BB&T Capital Partners (www.bbtcp.com) manages committed capital across three fund strategies, all of which are focused on the middle market. The firm makes direct equity investments in control transactions of privately-held companies; provides subordinated debt or mezzanine capital in support of transactions led by financial sponsors and others; and invests in other private equity funds. Since 1998, BBTCP has invested in over 45 privately-held, middle-market companies in a variety of industries, providing patient capital to facilitate buyout, acquisition, growth and recapitalization transactions. BBTCP’s investing strategy focuses on a partnership approach with management with a common goal of long-term value creation.