Slate Capital Group Acquires Cumberland Diversified Metals
June 23, 2023
Slate Capital Group, a private equity firm with offices in Baltimore, Nashville and Cincinnati, has acquired Cleveland-based Cumberland Diversified Metals, a value-added distributor and broker of specialty metals. The investment will add specialty metals distribution capabilities to Slate's lower-middle market portfolio and support Cumberland's growth plans across the U.S., Canada and Mexico.
- Buyers
- Slate Capital Group
- Targets
- Cumberland Diversified Metals
- Industry
- Industrial Services
- Location
- Ohio, United States
- Transaction Type
- Buyout
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