M&A Deal Summary

Banker Steel Acquires NYC Constructors

On March 31, 2016, Banker Steel acquired construction company NYC Constructors

Acquisition Highlights
  • This is Banker Steel’s 2nd transaction in the Construction sector.
  • This is Banker Steel’s 2nd transaction in the United States.
  • This is Banker Steel’s 1st transaction in New York.

M&A Deal Summary
Date 2016-03-31
Target NYC Constructors
Sector Construction
Buyer(s) Banker Steel
Deal Type Special Situations/Distressed

Target

NYC Constructors

New York, New York, United States
NYC Constructors LLC is a provider of erection and fabrication structural steel services for commercial, industrial and government end-markets.

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Buyer(S) 1

Buyer

Banker Steel

Lynchburg, Virginia, United States
Category Company
Founded 1997
Sector Construction
DESCRIPTION

Headquartered in Lynchburg, Virginia with additional fabrication locations in New Jersey and Florida, Banker Steel provides fabricated structural steel for the entire east coast construction market and nationwide steel erection services for iconic projects such as One Vanderbilt, the Jacob K. Javits Convention Center Expansion and J.P. Morgan’s headquarters, all in New York City, the award-winning Washington Nationals Park in Washington, D.C. and the Barclays Center in Brooklyn, New York.

DEAL STATS #
Overall 2 of 2
Sector (Construction) 2 of 2
Type (Special Situations/Distressed) 1 of 1
State (New York) 1 of 1
Country (United States) 2 of 2
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-12 Foote Steel

Orlando, Florida, United States

Foote Steel Corp. is a provider of erection and fabrication structural steel services.

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