M&A Deal Summary

Sylvan Acquires Anchor

On June 6, 2024, Sylvan acquired business services company Anchor

Acquisition Highlights
  • This is Sylvan’s 1st transaction in the Business Services sector.
  • This is Sylvan’s 2nd transaction in the United States.
  • This is Sylvan’s 2nd transaction in Michigan.

M&A Deal Summary
Date 2024-06-06
Target Anchor
Sector Business Services
Buyer(s) Sylvan
Deal Type Add-on Acquisition

Target

Anchor

Dearborn, Michigan, United States
Anchor is an engineering and fabrication contractor focused on industrial conveyor systems. Anchor was formed in 1925 and is based in Dearborn, Michigan.

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Buyer(S) 1

Buyer

Sylvan

Southfield, Michigan, United States
Category Company
Founded 1956
Sector Construction
DESCRIPTION

Sylvan is a provider of industrial pipe installation and fabrication, millwright and rigging, electrical, boiler and turbine contracting services. Sylvan was founded in 1956 and is based in Southfield, Michigan.

DEAL STATS #
Overall 2 of 2
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Michigan) 2 of 2
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-18 Great Lakes Mechanical

Dearborn, Michigan, United States

Great Lakes Mechanical is a provider of mechanical construction and contracting services to industrial and commercial clients, in industrial and process piping, fabrication and installation, HVAC design and installation, temperature controls, innovative services and preventative maintenance plans for all areas. Great Lakes Mechanical is based in Dearborn, Michigan.

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