Steele Solutions (Revelar Capital) Acquires Maysteel Industries from Littlejohn Capital

Maysteel Industries Acquires Star Precision Manufacturing, Inc.

January 16, 2024

Manufacturing

Maysteel Industries, a portfolio company of Littlejohn Capital, acquired Star Precision Manufacturing, a full-service sheet metal fabrication and precision machining firm in Frederick, Colorado. Patriot Capital provided subordinated debt financing in support of the add-on acquisition, which expands Maysteel's manufacturing capabilities and geographic footprint in the Mountain West.

Steele Solutions Inc. Acquires Tiffin Metal Products (Merger)

March 21, 2022

Manufacturing

Steele Solutions, Inc. and Tiffin Metal Products have merged to create a combined supply-chain solutions company offering a broader product portfolio for e-commerce fulfillment and distribution facilities. The deal brings together Steele's complex work platform solutions with Tiffin's custom chute systems and lockers, while both companies will continue operating in their existing facilities and leadership (TMP's president will remain).

Main Street Capital Recapitalizes Specialized Structural Steel Fabricator With $61.5 Million Minority Investment

March 10, 2026

Industrial Services

Main Street Capital Corporation completed a $61.5 million portfolio investment to facilitate the minority recapitalization of a specialized structural steel fabricator. The financing includes first lien and senior secured term debt, a direct minority equity investment, and a revolving line of credit to support future growth and working capital needs.

Pennsylvania Steel Company Acquires Stark Metal Sales

December 20, 2023

Industrial Services

Pennsylvania Steel Company, Inc., a veteran‑owned full-line metals service center, has acquired Stark Metal Sales, a full-line steel service center based in Alliance, Ohio. Heritage Capital Group served as exclusive financial advisor to Stark; transaction terms were not disclosed. The deal expands Pennsylvania Steel's service center footprint and processing capabilities in the Ohio/Pennsylvania region.

Alro Steel Acquires Klein Steel Service

May 27, 2022

Industrial Services

Alro Steel has acquired Klein Steel Service, a Rochester-based metals supplier and processing center that operates six facilities in western and central New York. The acquisition expands Alro's Northeast footprint and adds Klein Steel's inventory, value-added processing and component manufacturing capabilities to Alro's distribution network. Heritage Capital Group served as exclusive financial advisor to Klein Steel; terms were not disclosed.

Littlejohn & Co. Acquires Sunbelt Modular

November 1, 2024

Building Products

Littlejohn & Co., LLC has acquired Sunbelt Modular, Inc., a leading designer and manufacturer of commercial modular building solutions, from MSouth Equity Partners. Sunbelt, headquartered in Phoenix, Arizona, operates 10 facilities with more than 1,300 employees. Marathon Asset Management and Webster Bank provided senior-secured financing to support the acquisition; terms were not disclosed.