Anvil Capital Mergers and Acquisitions Summary

Private Equity Firm Profile

Anvil Capital’s most common sectors for investment aremanufacturing (34%) and business services (23%) . The Firm’s most common investment types include recapitalization (45%) and growth capital (34%). In total, Anvil Capital has invested in 5 US states.

In the last 3 years, Anvil Capital has exited 1 company. The Firm’s most common exit type is trade sale (40%).

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M&A Summary

  • M&A Total Activity13
    • M&A Buy Activity8
    • M&A Sell Activity5
  • Total Sectors Invested 5
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 10

Anvil Capital

Anvil Capital LLC

101 Federal Street, Suite 1900,
Boston, Massachusetts 02110
United States
(617) 371-2920
www.anvilcap.com
bgiess@anvilcap.com

Anvil Capital is a private investment firm that seeks equity investments in established, privately held businesses. The Firm pursues companies with revenues of $8 to $20 million and EBITDA between $1 and $3 million. Anvil looks for businesses with significant organic and acquisition growth opportunities. Funds are generally used to support generational transitions of family businesses, recapitalizations, industry consolidations, and corporate divestitures. Anvil avoids investing in companies that are turnarounds, early stage, or operate in the industries of high technology, real estate, and healthcare. Anvil Capital was formed in 2002 and is based in Boston, Massachusetts.


Investment Criteria

Sectors of Interest: Business Services, Chemicals, Construction, Consumer Services, Energy Services and Equipment, Machinery, Manufacturing, Medical Products, Publishing, Test/Measurement Equipment

Target Transaction Types: Buyout (LBO, MBO, MBI), Consolidation, Divestiture, Growth Capital, Recapitalization, Stake Purchase

Geographic Preferences: East US, Midwest US, South US, West US

Transaction Criteria Min Max
Target Revenue 5 20
Target EBITDA 1 3
Investment Size - -
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.2/yr) # 7 1 - - - - 8
Sell (0.2/yr) # 4 - - - - 1 5
  13

Most Recent M&A

Company Date Value Type
Air Temp Mechanical Services, Inc. 2025-01-02 - Trade Sale
Berlin, Connecticut · www.ctairtemp.com
Lynch Landscape & Tree Service, Inc. 2021-11-16 - Buyout (LBO, MBO, MBI)
Sudbury, Massachusetts · www.lynchlandscape.com
KICTeam, Inc. 2020-05-01 - Secondary Sale
Auburn, Maine · www.kicteam.com
Leahy Landscaping, Inc. 2019-07-01 - Recapitalization
Lynn, Massachusetts · www.leahylandscaping.com
GenServe, Inc. 2018-04-16 - Secondary Sale
Plainview, New York · www.genserveinc.com
Atlas Devices LLC 2017-09-14 - Recapitalization
Chelmsford, Massachusetts · www.atlasdevices.com
Precision Manufacturing Group LLC 2015-10-30 - Trade Sale
Cedar Grove, New Jersey · www.servometer.com
Air Temp Mechanical Services, Inc. 2015-10-07 - Growth Capital
Berlin, Connecticut · www.ctairtemp.com
Enefco USA, Inc. 2011-06-17 - Growth Capital
Auburn, Maine · www.enefco.com
GenServe, Inc. 2011-02-17 - Recapitalization
Plainview, New York · www.genserveinc.com
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Manufacturing 1 (33%) - 3 (33%) -
Business Services 1 (33%) - 2 (22%) -
Energy Services and Equipment - - 2 (22%) -
Construction 1 (33%) - 1 (11%) -
Publishing - - 1 (11%) -
Total 3 - 9 -

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 3 (100%) - 9 (100%) -
  Massachusetts 3 (100%) - 3 (33%) -
  New York - - 3 (33%) -
  New Jersey - - 1 (11%) -
  Maine - - 1 (11%) -
  Connecticut - - 1 (11%) -
Total 3 - 9 -

Acquisitions by Deal Type

Type Current # Value All-time # Value
Recapitalization 2 (67%) - 4 (44%) -
Growth Capital - - 3 (33%) -
Buyout (LBO, MBO, MBI) 1 (33%) - 2 (22%) -
Total 3 - 9 -

Exits by Deal Type

Type Total # Value
Secondary Sale 2 (40%) -
Trade Sale 2 (40%) -
Recapitalization 1 (20%) -
Total 5 -

M&A Connections

Deals
Acquired from
Investor(s)
11%
1 (11%)
Exited to
Investor(s)
60%
3 (60%)
Strategic(s)
40%
2 (40%)

FAQ

When was Anvil Capital founded?

Anvil Capital was founded in 2002.

What type of investor is Anvil Capital?

Anvil Capital is a private equity firm.

Where is Anvil Capital headquartered?

Anvil Capital is headquartered in Boston, Massachusetts.

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