M&A Deal Summary

Maysteel Industries Acquires Star Precision

On January 18, 2024, Maysteel Industries acquired manufacturer Star Precision

Acquisition Highlights
  • This is Maysteel Industries’ 2nd transaction in the Manufacturing sector.
  • This is Maysteel Industries’ 3rd transaction in the United States.
  • This is Maysteel Industries’ 1st transaction in Colorado.

M&A Deal Summary
Date 2024-01-18
Target Star Precision
Sector Manufacturing
Buyer(s) Maysteel Industries
Deal Type Add-on Acquisition

Target

Star Precision

Frederick, Colorado, United States
Star Precision is a full-service, sheet metal fabrication, precision machining, and complete finishing services company. Star Precision was founded in 1989 and is based in Frederick. Colorado.

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Buyer(S) 1

Buyer

Maysteel Industries

Allenton, Wisconsin, United States
Category Company
Founded 1936
Sector Manufacturing
DESCRIPTION

Maysteel Industries specializes in designing, engineering, and manufacturing custom, precision, OEM sheet metal enclosures, electrical cabinets, and metal fabricated assemblies. The company's product solutions are widely used in the alternative energy, kiosk, gaming, security, medical, utility, industrial drive and automation, and self-serve/vending machine industries and are also found in a variety of other applications. Maysteel Industries was founded in 1936 and is based in Allenton, Wisconsin.

DEAL STATS #
Overall 3 of 3
Sector (Manufacturing) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Colorado) 1 of 1
Country (United States) 3 of 3
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-23 Porter’s Group Holdings

Bessemer City, North Carolina, United States

Porter’s Group Holdings LLC is a provider of metal fabrication solutions serving the security, military, mining, heavy equipment, and trucking industries. Porter's Group was founded in 1964 and is based in Bessemer City, North Carolina.

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