SIGMA has acquired a manufacturer and supplier of waterworks castings and polymer enclosures, strengthening its infrastructure solutions portfolio and market reach.
Sigma Companies International Corp. (“SIGMA”), a portfolio company of Wind Point Partners (“Wind Point”) and leading manufacturer and supplier of critical waterworks infrastructure products, has acquired Masonry Supply, Inc. (“MSI”) and its associated Tricast-branded product line.
Based in Selma, N.C., MSI is a manufacturer and supplier of municipal waterworks castings, polymer enclosures and other waterworks accessory products. The acquisition of MSI strengthens SIGMA’s extensive waterworks product portfolio and enhances SIGMA’s fulfillment capabilities across the Southeast region of the U.S. Jacob Nash, Vice President of MSI, will continue leading commercial efforts for the business.
Mark Carpenter, CEO of SIGMA, stated, “We are thrilled to cement our partnership with MSI, a business that has built a reputation for delivering exceptional quality and customer service. Demographic growth across the Southeast U.S. necessitates increased investment to maintain and expand existing waterworks infrastructure. The strategic acquisition of MSI enables SIGMA to further support our customers’ needs in this growing region.”
Terry Keen, founder of MSI, noted, “We have known SIGMA for three decades, and over this time we have developed a mutual respect based on an uncompromising customer-first approach. This exciting new partnership offers MSI access to additional commercial resources and a broader set of product solutions for our customers. We are proud of the legacy we have built at MSI, and I am excited to extend our services in tandem with SIGMA.”
Peter Leemputte, Principal at Wind Point, commented, “A core component of the SIGMA value creation plan is product line expansion and deeper regional penetration through acquisitions. The acquisition of MSI closely aligns with this strategy, and we look forward to supporting the growth of the combined businesses.”