Georgia Metals (CID Capital) Acquires Watson Metals

CID Capital Recapitalizes Georgia Metals

September 15, 2022

Building Products

Indianapolis-based private equity firm CID Capital partnered with Georgia Metals in a recapitalization to support the company's growth and acquisition strategy across the Southeast. CID will continue to work with Georgia Metals' President Tripp Strickland and the transaction was financed in part by First Merchants Bank.

Olympic Steel Acquires Metal Works

November 11, 2024

Manufacturing

Olympic Steel, Inc. (Nasdaq: ZEUS) has acquired Metal Works, a manufacturer of metal canopy components, roll-formed products and solar racking, in an all-cash transaction. Metal Works will continue to operate from its two Oakwood, Georgia facilities and will be reported within Olympic Steel's Carbon Flat Rolled business segment as the acquisition expands Olympic Steel's manufactured metal product capabilities and footprint.

Precision Metal Holdings Acquires General Metals, LLC

January 7, 2022

Manufacturing

Precision Metal Holdings, a Farragut Capital Partners portfolio platform, has acquired General Metals, LLC — a North Carolina-based precision metal fabricator — with Farragut providing subordinated debt and preferred equity and Everside Capital Partners joining as a co-investor. The deal is an add-on to the Precision Metals platform that expands the company’s geographic footprint in the Southeastern United States and enhances its capabilities in stamping, forming, welding, precision machining and electromechanical assembly.

MTL Holdings Acquires Citadel Architectural Products

September 19, 2022

Building Products

MTL Holdings has acquired Citadel Architectural Products, adding Citadel’s composite panels and tested wall systems to MTL’s portfolio of building-envelope brands. The deal brings Citadel’s Indiana-based, ISO 9001-certified manufacturing capability and independent rep network into MTL’s family alongside Metal‑Era and Hickman Edge Systems to expand product offerings and single-source envelope solutions.

Logic Capital Partners Acquires Mills Products, Inc.

January 9, 2022

Manufacturing

Logic Capital Partners, a private equity group focused on manufacturing and distribution, has acquired Mills Products Incorporated, a turnkey metal fabricator based in Athens, Tennessee. FourBridges Capital advised Mills Products on the sale; the PE sponsor plans to support growth while preserving the company's legacy and manufacturing capabilities serving appliance and automotive customers.

Slate Capital Group Acquires Cumberland Diversified Metals

June 23, 2023

Industrial Services

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.