US Anchors

Canaccord Genuity Advises US Anchors on its Sale to Kinderhook Industries

Canaccord Genuity is pleased to announce its client US Anchors (“USA”) has been sold to Kinderhook Industries. US Anchors represents Kinderhook's 31st light manufacturing / automotive platform investment since inception. Financial terms of the transaction were not disclosed.

Founded in 1968 by the Garfield Family and headquartered in Norwalk, CT, USA is the parent company for the Toggler, Wej-it, and Heckmann brands of premium specialty construction anchors, fasteners, and other building products, as well its distribution arm, Gotham. USA is one of the only American anchor manufacturers that produces most of its anchors and custom products domestically. The Toggler brand is a consumer-facing brand that specializes in light duty fasteners and hollow wall solutions. The Wej-it brand is a medium-duty product that competes in the metal wedge anchor and screw category. The Heckmann brand produces and distributes specialty masonry anchors and wall systems direct to masonry contractors. 

Founded in 2003, Kinderhook Industries, LLC is a private investment firm that has raised $8.5 billion of committed capital. They have made in excess of 450 investments and follow-on acquisitions since inception. Kinderhook’s investment philosophy is predicated on matching differentiated, growth-oriented investment opportunities with financial expertise and our proprietary network of operating partners. Their focus is on middle market businesses with defensible niche market positioning in the healthcare services, environmental & industrial services, and automotive & light manufacturing sectors.