Operating Company Industrial Services

UPG Enterprises

Oak Brook, Illinois, United States

Operator of a diverse set of industrial companies focused on metals, manufacturing, distribution and logistics. With multiple locations throughout North America, UPG builds and grows businesses for a long-term approach.

Focus Areas
Metals, Steel service centers, Metal processing
Website
upgllc.com

Tracked deals

7

7 tracked deals across 2016-2020.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

6 buyout · 1 addon

UPG Enterprises Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for UPG Enterprises. 3 2018 1 2019 2 2020

Supporting Data

Recent Transactions

  • Buyer
    Contractors Steel, UPG Enterprises LLC
    Target
    Borrmann Metal Center
    Seller
    Borrmann Metal Center owners (co-Presidents Robert Wedeen and Rob Persson)
    Type
    Buyout

    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.

  • Buyer
    UPG Enterprises LLC
    Target
    Lexington Steel Corp., Douglass Logistics Inc.
    Seller
    Lex Holding Co.
    Type
    Buyout

    Chicago-based UPG Enterprises LLC has completed the acquisition of Lex Holding Co., which includes Lexington Steel Corp. and its affiliated logistics arm Douglass Logistics Inc. The deal expands UPG's Midwest metals service center footprint and enhances its flat-roll processing, logistics and distribution capabilities across additional states.

  • Buyer
    UPG Enterprises LLC
    Target
    Metalex, LLC, Morton Rail Products (Morton Manufacturing Company division)
    Industry
    Manufacturing
    Type
    Buyout

    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.

  • Buyer
    Union Partners I LLC
    Target
    Xcel Steel Pickling, Inc.
    Seller
    Xcel Steel Pickling, Inc.
    Type
    Addon

    Union Partners I LLC acquired the assets of Xcel Steel Pickling, Inc., a Dearborn, Michigan-based steel pickling and coil processing operation. The business has been integrated into Union Partners-owned Maksteel and will operate as Maksteel Processing, strengthening the platform's steel-processing capabilities and rail-served footprint in automotive and industrial markets.

  • Buyer
    Union Partners I LLC
    Target
    Contractors Steel Company
    Seller
    Don Simon
    Type
    Buyout

    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.

  • Buyer
    Union Partners
    Target
    Maksteel
    Location
    Ontario, Canada
    Type
    Buyout

    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.

  • Buyer
    Union Partners I LLC (Union Partners)
    Target
    Berg Steel Corporation
    Industry
    Manufacturing
    Type
    Buyout

    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.

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