Summit Steel Fabricating Group Acquires Laser Specialties, Inc.
February 7, 2023
Summit Steel Fabricating Group has acquired Laser Specialties, Inc. (LSI), a Tulsa-based custom and contract metal manufacturer. The deal is an add-on to Summit's PE-backed manufacturing platform (backed by Lorraine Capital) and will expand Summit's capacity, capabilities and end-market exposure across OEM, military and energy customers; terms were not disclosed.
- Buyers
- Summit Steel Fabricating Group, Lorraine Capital, LLC, Ironwood Capital
- Targets
- Laser Specialties, Inc.
- Sellers
- Owners of Laser Specialties, Inc.
- Platforms
- Summit Steel Fabricating Group
- Industry
- Manufacturing
- Location
- Oklahoma, United States
- Transaction Type
- Addon
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