BICO Steel (Validor Capital) Acquires Pioneer Steel Corporation

BICO Steel Acquires RE Metal Finishing

April 4, 2023

Industrial Services

BICO Steel, a portfolio company of Validor Capital, has acquired RE Metal Finishing (renamed BICO Metal Finishing), a Kent, Ohio-based provider of steel peening and metal finishing services. The acquisition expands BICO’s steel processing and fabrication capabilities across its Ohio and Michigan locations; terms were not disclosed.

BICO Steel Acquires Integrity Fab and Machine Inc.

October 26, 2022

Manufacturing

BICO Steel, a portfolio company of Validor Capital, has acquired Integrity Fab and Machine Inc. (IFABM), a Breckenridge, Michigan-based precision machining and fabrication business. The deal, which closed on September 30, 2022, expands BICO's steel processing and fabrication capabilities to offer a broader one-stop service to tool-and-die, metal stamping, agricultural and other industrial customers; terms were not disclosed.

Tecta America Acquires Pioneer Roofing LLC

May 22, 2022

Construction

Tecta America Corporation has acquired Pioneer Roofing LLC, a Johnson Creek, Wisconsin-based commercial and industrial roofing contractor founded in 1966. Pioneer Roofing will operate as Pioneer Roofing, a Tecta America Company, with President John Boettcher remaining in a leadership role; the deal expands Tecta's Midwest footprint and service capacity.

Majestic Steel USA Acquires Merit Steel USA

August 18, 2021

Industrial Services

Majestic Steel USA, a privately held steel distributor and processor based in Cleveland, acquired the business assets of Merit Steel USA (legally Merit Ends and Viking Processing Corporation), a West Coast steel service center headquartered in Pittsburg, California, with additional locations in Fontana, CA and Longview, WA. The acquisition expands Majestic's footprint in the Western United States and strengthens its ability to serve customers amid ongoing supply-chain constraints.

B2B Industrial Packaging Acquires Pioneer Packaging Worldwide

August 19, 2021

Packaging

GenNx360 Capital Partners portfolio company B2B Industrial Packaging has acquired Pioneer Packaging Worldwide, a Phoenix-based provider of custom packaging solutions. The deal is B2B's fifth add-on since GenNx360's investment in October 2020 and expands B2B's product and service footprint in industrial, retail and moving/storage end markets.

Varsteel Acquires Pacific Steel

March 21, 2024

Industrial Services

Varsteel, a leading steel and pipe service center, has acquired Pacific Steel, a Quebec-based distributor, fabricator and installer of structural steel and rebar. The acquisition expands Varsteel’s geographic footprint coast-to-coast across Canada and adds Eastern Canada operations and fabrication capabilities through Pacific Steel’s two Laval facilities.