ZS Fund Portfolio Company, Smith-Cooper, Closes Add-On AcquisitionJune 29, 2007
Blank Rome advised Smith-Cooper International L.L.C., a portfolio company of ZS Fund LP, in its recent purchase of substantially all of the assets of Sharon Piping & Eqpt. Inc. The transaction closed on June 29, 2007, and the terms were not disclosed.
Smith Cooper is a leading U.S. importers of pipes, valves, fittings, and other ancillary products. Their products are used in piping systems in a number of different end-markets, including industrial manufacturing facilities, commercial and residential buildings, power plants, chemical plants, water works, mobile homes, and irrigation and fire sprinkler systems.
New York–based ZS Fund LP is a private equity firm engaged in making long-term investments in successful middle-market companies. Since 1985, they have focused on transactions that provide liquidity to business owners while enabling them to maintain significant ownership stakes and keep their companies independent.