Steel Partners - M&A Summary and Business Overview

DiversifiedCompany

Steel Partners M&A Summary

Steel Partners has acquired 5 companies, including 1 in the last 5 years. It has also divested 1 asset.

It’s largest disclosed sale occurred in 2022, when it sold SL Power Electronics to Advanced Energy Industries for $145M. Steel Partners has acquired in 4 different US states. The Company’s most targeted sectors include manufacturing (60%) and energy services and equipment (20%).

Steel Partners Business Overview

Where is Steel Partners headquartered?

Steel Partners is headquartered in New York, New York.

What is Steel Partners’ revenue?

Steel Partners disclosed revenue of 1,905M USD for 2023 and 1,695M USD for 2022.

How many employees does Steel Partners have?

Steel Partners has 5,100 employees.

What sector is Steel Partners in?

Steel Partners is a diversified company.

When was Steel Partners founded?

Steel Partners was founded in 1990.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity5
    • M&A Sell Activity1
  • Total Sectors Invested 3
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1
  • M&A Advisors 5

Steel Partners

Steel Partners Holdings L.P.

590 Madison Avenue, 32nd Floor,
New York, New York 10022
United States,
(212) 520-2300
www.steelpartners.com

Steel Partners is a diversified global holding company that engages in multiple businesses through consolidated subsidiaries, associated companies and other interests. It owns and operates businesses and has significant interests in leading companies in various industries, including diversified industrial products, energy, defense, supply chain management and logistics, banking and youth sports. Steel Partners was founded in 1990 and is based in New York, New York.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 4 - - 1 - - 5
Sell (0.2/yr) # - - - 1 - - 1
vol $145M $145M
  6

Most Recent M&A

Company Date Value Type
Steel Connect, Inc. 2022-06-13 - Merger
Smyrna, Tennessee · www.steelconnectinc.com
SL Power Electronics Corp. 2022-04-04 145M USD Divestiture
Calabasas, California · www.slpower.com
Dunmore Corp. 2018-02-20 - Add-on Acquisition
Bristol, Pennsylvania · www.dunmore.com
Handy & Harman Ltd. 2017-06-26 - Merger
White Plains, New York · www.handyharman.com
Steel Excel, Inc. 2016-12-23 - Stake Purchase
White Plains, New York · www.steelexcel.com
CoSine Communications, Inc. 2015-12-03 - Merger
Los Gatos, California · www.cosinecom.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Manufacturing 3 (60%) - - -
Energy Services and Equipment 1 (20%) - - -
Transportation 1 (20%) - - -
Electrical Equipment - - 1 (100%) 145M (100%)
Total 5 - 1 $145M

By Geo

State/Country Buy Value Sell Value
United States 5 - 1 145M
  New York 2 - - -
  California 1 - 1 145M
  Tennessee 1 - - -
  Pennsylvania 1 - - -
Total 5 - 1 $145M

Top M&A Advisors

Financial Deals
Imperial Capital LLC
 1
Corporate Fuel Advisors
 1
Legal Deals
Olshan Frome Wolosky
 1
GreenbergTraurig
 1
Troutman Pepper Hamilton Sanders
 1

Deal Values

sell # Total
$100M to $1B 1 $145M
TOTAL $145M
Largest SL Power Electronics Corp.
$145M (2022-04-04)

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

Company Summary

SECTOR

Diversified

Revenue

1,905   13% 2023
1,695   12% 2022
1,525   17% 2021
1,311   17% 2020
1,562   2% 2019
1,585   16% 2018
1,372   18% 2017
1,164   17% 2016
998   18% 2015
850   2014
(millions of USD) Show More Show Less

Employees

5,100

Established

1990

Public

NYSE: SPLP

 Subscribe to unlock this and 209,235
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 202K M&A Transactions
  • 205K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Steel Partners

New York Companies , Diversified Companies , United States Companies , New York Diversified Companies , New York Diversified with Acquisitions , New York Diversified with Divestitures

Related Lists for New York Companies

Largest New York Companies , Acquisitive New York Companies , Recently Acquired New York Companies , Recently Sold New York Companies , Private New York Companies , Public New York Companies , Acquired New York Companies , PE Backed New York Companies

Related Lists for Diversified Companies

Largest Diversified Companies , Acquisitive Diversified Companies , Recently Acquired Diversified Companies , Recently Sold Diversified Companies , Private Diversified Companies , Public Diversified Companies , Acquired Diversified Companies , PE Backed Diversified Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal