Anchor Conveyor Products

Assembly Line

Sylvan’s Expansion Rolls On With Acquisition of Anchor Conveyor Products

📅 Date:

🔖 Topics: Acquisition

🏢 Organizations: Sylvan, Anchor Conveyor Products, Blue Point Capital Partners

Blue Point Capital Partners and its portfolio company Sylvan are pleased to announce the addition of Anchor Conveyor Products, a prominent engineering and fabrication contractor focused on industrial conveyor systems, to the growing Sylvan platform.

As a turnkey contractor for over one hundred years to some of the nation’s largest industrial facilities, Anchor helps expand Sylvan’s in-house fabrication capabilities and supports its delivery of all-in-one, multi-trade services to its customers.

Since Sylvan partnered with Blue Point in 2018, the platform has completed multiple operational enhancements, including adding key personnel and implementing a new ERP system to drive efficiency and data-driven decision-making to support continued growth. Recognizing the opportunity to deepen its market position through geographic expansion and strategic M&A, Sylvan previously acquired Great Lakes Mechanical in 2021, adding additional HVAC and commercial building services and sheet metal fabrication capabilities. Furthermore, Sylvan has executed successful greenfield initiatives in several new geographies, including the recent addition of a Phoenix, Arizona office.

Read more at Blue Point Capital