July 9, 2025

Norwalk, CT – US Masonry and Building Products (“USMBP” or the “Company”), formerly known as US Anchors, today announced its corporate rebranding and the acquisition of Cheney Flashing, LLC (“Cheney”), a leading manufacturer and supplier of premium rigid flashing, weatherproofing solutions and custom masonry anchoring systems. USMBP is a portfolio company of Kinderhook Industries, LLC (“Kinderhook”). Cheney serves a nationwide customer base providing its products for institutional, infrastructure and commercial construction projects from its facilities in Maryland and Texas. This transaction marks USMBP’s first acquisition since Kinderhook’s initial investment in July 2024 and represents a meaningful step in USMBP’s strategy to build the leading vertically integrated platform for masonry and concrete accessories. Financial terms of the transaction were not disclosed.

The acquisition of Cheney represents the 20^th follow-on acquisition completed by Kinderhook in 2025, and the 34^th follow-on acquisition by the firm in the last twelve months.

Headquartered in Norwalk, CT, USMBP is a leading vertically integrated platform for masonry and concrete accessories, combining trusted brands, efficient distribution and value-added manufacturing. USMBP is the parent company of the Heckmann®, Wej-It®, TOGGLER®, and Cheney Flashing® brands of specialty construction anchors, fasteners, wall systems, and moisture management products. The Company serves professional contractors, distributors, OEMs, and retail customers across residential, commercial, institutional and infrastructure markets. USMBP employs an omnichannel go-to-market strategy, reaching customers directly through e-commerce and field sales as well as through a growing network of distribution locations.

Founded in 1926, Cheney is credited with inventing modern era sheet metal flashing and continues to be specified as the standard for rigid flashing systems in projects nationwide. Richard Levine and Mat Levine acquired the company in 2006 and will remain with the business following the acquisition. Cheney will be integrated with USMBP’s Heckmann brand to form a unified division of branded masonry products with Mat Levine serving as General Manager of the combined group.

“We’re incredibly excited to join USMBP,” said Mat Levine. “Collaborating with such a strong family of brands will allow us to scale our best-in-class quality and service levels, offer a broader array of products and enhance fabrication capabilities for our customers.”

“This acquisition extends our focus from anchoring and fastening into a broader category of masonry accessories and building envelope solutions,” said Jordan Eisenberg, CEO of USMBP. “It also marks the evolution of our platform—hence our rebranding to US Masonry and Building Products.”

“This is a compelling addition to our platform and a validation of our core strategy,” said Nate Druckenmiller, Principal at Kinderhook. “Cheney brings strong brand equity, architectural specification and manufacturing capabilities that align perfectly with USMBP’s long-term roadmap.”

“Cheney’s capabilities in rigid flashing and custom fabrication meaningfully enhance the platform,” said Joseph Mayer, Vice President at Kinderhook. “Mat and his team bring the kind of entrepreneurial drive and operational excellence we look for and we’re excited to support their continued growth within the broader platform.”

Fredrickson & Byron P.A. served as legal counsel to Kinderhook for the transaction. Financing for the transaction was provided by Twin Brook Capital Partners and Kayne Anderson Private Credit.

For additional information about this transaction, please contact: 
Christian Michalik
Managing Director
(212) 201-6782
[email protected]
 
Nate Druckenmiller
Principal
(212) 201-6791
[email protected]
 
Joseph Mayer
Vice President
646-775-9980
[email protected]