Add-on Acquisition • Business Services

Integrated Utility Services Acquires Stuart Steel Protection

On January 10, 2023, Integrated Utility Services acquired business services company Stuart Steel Protection

Acquisition Context
  • This is Integrated Utility Services’ 1st transaction in the Business Services sector.
  • This is Integrated Utility Services’ 1st transaction in the United States.
  • This is Integrated Utility Services’ 1st transaction in New Jersey.

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M&A Deal Summary

Date January 10, 2023
Target Stuart Steel Protection
Sector Business Services
Buyer(s) Integrated Utility Services
Deal Type Add-on Acquisition

Target Company

Stuart Steel Protection

Somerset, New Jersey, United States
Stuart Steel Protection is a manufacturer, packager, and master distributor of corrosion control products. The company serves the oil, gas, electric, water, sewer, telecommunications, and marine industries. Its line of quality products reflects the latest advances in corrosion control technology to protect a wide range of metallic structures. The line includes products for cathodic protection, coatings and wraps, electrical isolation, sealing, and related accessories. Stuart Steel Protection was formed in 1952 and is based in Somerset, New Jersey.
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Buyer Overview 1

Buyer

Integrated Utility Services

Houston, Texas, United States

Category Company
Sector Business Services
DESCRIPTION

Integrated Utility Services (IUS) is developing a full-scale integrated service company by operating and investing in companies that produce the highest quality products and provide top professional and technical services to the energy industry. Integrated Utility Services is based in Houston, Texas.


Deal Context for Buyer #
Overall 1 of 1
Sector: Business Services 1 of 1
Type: Add-on Acquisition 1 of 1
State: New Jersey 1 of 1
Country: United States 1 of 1
Year: 2023 1 of 1