Triple-S Steel Holdings Acquires Borrmann Metals

Contractors Steel (UPG Enterprises) Acquires Borrmann Metal Center

December 14, 2020

Industrial Services

Contractors Steel, part of Chicago-based UPG Enterprises LLC, has acquired Borrmann Metal Center, a 100+-year-old metal distributor based in Burbank, California. American Discovery Capital served as financial advisor to Borrmann; the acquisition expands Contractors Steel/UPG’s national footprint and broadens product offerings in structural and distribution products across California and Arizona.

Borusan Mannesmann Acquires Berg Pipe for $162M

April 16, 2023

Manufacturing

Borusan Mannesmann has acquired 100% of Berg Pipe in the United States for $162 million, expanding its North American manufacturing footprint. The deal adds two Berg Pipe facilities (Florida and Alabama) and increases Borusan's U.S. capacity as part of a broader strategy to grow manufacturing presence and serve large-diameter line-pipe markets.

Russel Metals Acquires Tampa Bay Steel

December 4, 2024

Industrial Services

Russel Metals Inc. has closed its acquisition of Tampa Bay Steel, adding the Tampa-based steel distributor and processor to its Southern U.S. businesses. The purchase expands Russel Metals' regional presence and processing capabilities as it pursues growth in the southern U.S. market.

Venture Metals+ Acquires Thalheimer Brothers and Mega Metals

January 13, 2025

Industrial Services

Venture Metals+, a portfolio company of Mill Rock Capital, has acquired Thalheimer Brothers LLC (Philadelphia, PA) and Mega Metals LLC (Phoenix, AZ). The add-on deal expands Venture Metals' non-ferrous and titanium recycling capabilities, increases processing capacity and extends the platform's geographic reach across the U.S. and Asia.

MacArthur Company Acquires American Metals Supply

May 22, 2023

Building Products

Minnesota-based MacArthur Company acquired Missouri-based wholesale HVAC and metal distributor American Metals Supply. The strategic acquisition expands MacArthur's product portfolio and geographic footprint, and American Metals Supply employees will join MacArthur's Employee Stock Ownership Plan; financial terms were not disclosed.

DBM Global (HC2) Acquires Banker Steel from Atlas Holdings

May 27, 2021

Construction

Atlas Holdings has completed the sale of portfolio company Banker Steel to DBM Global Inc., an operating subsidiary of HC2 Holdings, Inc. Banker Steel, a Lynchburg, Virginia-based structural steel fabricator and erector, expands DBM Global/HC2's east‑coast fabrication footprint and construction service capabilities. Atlas invested in Banker Steel in 2014 and grew the business through organic expansion and seven bolt-on acquisitions prior to the sale.