M&A Deal Summary

Stuart Steel Protection Acquires Northwestern Cathodic

On November 8, 2023, Stuart Steel Protection acquired business services company Northwestern Cathodic

Acquisition Highlights
  • This is Stuart Steel Protection’s 1st transaction in the Business Services sector.
  • This is Stuart Steel Protection’s 1st transaction in the United States.
  • This is Stuart Steel Protection’s 1st transaction in Colorado.

M&A Deal Summary

Date 2023-11-08
Target Northwestern Cathodic
Sector Business Services
Buyer(s) Stuart Steel Protection
Deal Type Add-on Acquisition

Target

Northwestern Cathodic

Grand Junction, Colorado, United States
Northwestern Cathodic (NWCAT) specializes in providing cathodic protection materials and services for utilities, propane, onshore oilfield production equipment, vessels, and tanks. Northwestern Cathodic is based in Grand Junction, CO, and Greenville, SC.

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Buyer(S) 1

Buyer

Stuart Steel Protection

Somerset, New Jersey, United States

Category Company
Founded 1952
Sector Business Services
DESCRIPTION

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.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Colorado M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1