Houlihan Lokey Advises American Piping Products
American Piping Products, a portfolio company of Center Rock Capital Partners, has been acquired by SCF Partners
Sellside Advisor
Houlihan Lokey is pleased to announce that American Piping Products (APP), a portfolio company of Center Rock Capital Partners (Center Rock), has been acquired by SCF Partners (SCF). The transaction closed on September 11, 2026.
Founded in 1994, APP is a leading value-added distributor of specialty pipe, tube, fittings, and flanges used across diversified sectors, including industrials, energy, power generation, data centers, and petrochemicals. The company is based in St. Louis, Missouri, and has a strategic footprint of steel processing and distribution facilities in Houston, Chicago, and Charlotte, North Carolina. APP offers full-service processing operations and just-in-time distribution across a broad SKU portfolio, positioning the company to support its diversified customers with consistent quality, comprehensive inventory, and reliable supply.
Center Rock is a Midwest-based private equity firm focused on building leading industrial franchises in the lower middle market. Founded in 2017, Center Rock specializes in providing capital, expertise, and resources to industrial manufacturing, industrial services, and industrial distribution businesses. Center Rock’s investment strategy centers on partnering with management to provide the tools necessary to drive long-term value. The company has more than a dozen current investments in North American industrial companies.
SCF specializes in providing both equity capital and strategic growth assistance to build leading energy services, equipment, and technology companies. Since its founding in 1989, SCF has partnered with more than 80 platform companies and completed over 400 additional acquisitions. SCF’s current footprint includes offices in Houston, Scotland, and Australia, with a focus on partnering with exceptional entrepreneurs to build industry-leading companies.
Houlihan Lokey served as the exclusive financial advisor to American Piping Products and assisted in initiating and negotiating the transaction on its behalf. This transaction further strengthens Houlihan Lokey’s market leadership in the metals and engineered materials sector and highlights the firm’s expertise in advising market-leading, value-added distributors capitalizing on premier industrial end markets.
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