M&A Deal Summary

Keel Acquires Metal Trades

On January 25, 2024, Keel acquired metals/mining company Metal Trades

Acquisition Highlights
  • This is Keel’s 2nd transaction in the Metals/Mining sector.
  • This is Keel’s 3rd transaction in the United States.
  • This is Keel’s 2nd transaction in South Carolina.

M&A Deal Summary
Date 2024-01-25
Target Metal Trades
Sector Metals/Mining
Buyer(s) Keel
Deal Type Merger
Advisor(s) Mensura Securities, LLC / Mensura Capital, LLC (Financial)
Sheppard Mullin Richter & Hampton LLP (Legal)

Target

Metal Trades

Yonges Island, South Carolina, United States
website
Metal Trades offers an in-house steel processing center, multiple indoor fabrication buildings with overhead crane systems and heavy lift equipment, dedicated indoor blast and painting facilities, and an onsite machine shop. Metal Trades offers highly competitive labor rates and extensive solutions for customer’s needs. Metal Trades was founded in 1962 and is based in Yonges Island, South Carolina.

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Buyer(S) 1

Buyer

Keel

Ladson, South Carolina, United States

website

Category Company
Sector Manufacturing
DESCRIPTION

Keel is a manufacturer of complex structures for the highest priority programs within the Navy, Army, and Air Force. Keel is based in Ladson, South Carolina.

DEAL STATS #
Overall 3 of 3
Sector (Metals/Mining) 2 of 2
Type (Merger) 3 of 3
State (South Carolina) 2 of 2
Country (United States) 3 of 3
Year (2024) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-25 Pegasus Steel

Goose Creek, South Carolina, United States

Pegasus Steel is a provider of complex fabricated steel structures used for the construction of submarines, aircraft carriers, and other naval and industrial systems. The Company specializes in cutting, forming, machining, and welding large-scale, complex fabrications. Pegasus is headquartered in Goose Creek, South Carolina.

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