Argonaut Private Equity Acquires Crimson Steel Supply

White Cap Acquires Crimson Steel Supply

April 8, 2024

Manufacturing

White Cap has acquired Crimson Steel Supply, LLC, a Tulsa-based value-added distributor and fabricator of engineered rebar and structural steel products. The deal brings Crimson Steel's three Oklahoma locations and 100+ employees into White Cap's national distribution platform, expanding White Cap's rebar and structural steel capabilities in the region; Crimson was previously a portfolio company of Argonaut Private Equity.

Argonaut Private Equity Invests in FABco

September 16, 2021

Building Products

Argonaut Private Equity announced a partnership investment in FABco, a Houston-based supplier of engineered rebar, on-demand concrete products, and project installation services. The founder-led company will remain under the Paul brothers' leadership while Argonaut provides capital and resources to accelerate growth and expand FABco's product and service capabilities.

Argonaut Private Equity Acquires Hammer & Steel Global, LLC

August 27, 2024

Industrial Services

Argonaut Private Equity has added Hammer & Steel Global, LLC to its Fund V portfolio. Hammer & Steel, a St. Louis-area distributor and rental provider of deep foundation drilling and pile driving equipment with multiple regional sales and distribution locations, will partner with Argonaut to accelerate geographic expansion and add distribution facilities while preserving the company legacy.

Arlington Capital Partners Acquires Pegasus Steel

June 14, 2023

Aerospace & Defense

Arlington Capital Partners, a Washington, D.C.-area private equity firm, has acquired Pegasus Steel LLC, a heavy steel fabricator that supplies large-scale structures for U.S. Navy submarines and aircraft carriers. Pegasus will serve as a new platform for Arlington as management, led by Founder & CEO Tony Deering, remains in place to scale the business to meet naval shipbuilding demand.

Argonaut Private Equity Acquires Miller Contracting

February 7, 2022

Construction

Argonaut Private Equity, a Tulsa-based private equity firm, has acquired Miller Contracting, a family-founded specialty mining, industrial and civil contracting company headquartered in southern Illinois. The deal is Argonaut's first investment from Fund V, LP (targeting $400 million), and the Miller family will remain in leadership as the firm supports growth and operational expansion.

The Carlyle Group Makes Strategic Investment in Crimson Midstream

January 14, 2019

Energy

The Carlyle Group, via its Global Infrastructure Opportunity Fund, has made a strategic equity investment in Crimson Midstream Holdings, LLC to support the company's expansion of crude oil transportation and storage infrastructure. The investment will help accelerate Crimson's projects — including the Swordfish Pipeline — and increase U.S. crude producers' access to global export markets.