UPG Enterprises LLC Acquires Lexington Steel Corp.

UPG Enterprises LLC Acquires Metalex, LLC (including Morton Rail Products division)

December 13, 2019

Manufacturing

Chicago-based UPG Enterprises LLC acquired Metalex, LLC — a North American manufacturer of perforated products, expanded metal, safety grating and related rail products — including its Morton Rail Products division. The deal adds product capabilities, two advanced facilities (including a site in San Luis Potosí, Mexico) and is intended to expand UPG's vertical integration, market access and manufacturing footprint.

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.

The Partner Companies Acquires UPG from Turnspire Capital Partners

February 27, 2023

Manufacturing

Turnspire Capital Partners announced that an affiliate has sold portfolio company UPG Company, LLC (UPG) to The Partner Companies, LLC. UPG is a Houston-based designer, manufacturer and assembler of engineered, mission‑critical components serving data center, healthcare, energy and diversified industrial end markets; terms were not disclosed. UPG operates facilities in Houston, Wales (United Kingdom) and Suzhou (China).

Union Partners Acquires Maksteel

April 17, 2018

Industrial Services

Chicago-based metals and logistics operator Union Partners has acquired Maksteel, a Mississauga, Ontario steel service center and toll processor. The deal expands Union Partners' North American footprint and adds substantial processing, inventory and dedicated transportation capabilities to serve customers across industries including automotive, construction and oil & gas.

Union Partners Acquires Berg Steel Corporation

August 5, 2016

Manufacturing

Union Partners I LLC has acquired Berg Steel Corporation, a Royal Oak, Michigan-based processor and distributor of carbon steel coil products. Angle Advisors served as the exclusive investment banking advisor to Berg Steel; the company operates state-of-the-art slitting capabilities and employs approximately 40 people.

Union Partners I LLC Acquires Contractors Steel Company

May 25, 2018

Industrial Services

Union Partners I LLC has acquired Contractors Steel Company, a Livonia, Michigan-based carbon steel service center with multiple Midwest locations. The acquisition brings Contractors Steel into Union Partners' family of metals and logistics companies to expand capabilities and continue the company's legacy under new leadership.