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SPS Companies acquires Jemison Metals

PRIVATEAug 07, 20262 days ago

Acquiring Company

SPS Companies

Acquired Company

Jemison Metals

ManhattanBirminghamManufacturingSupply Chain ManagementLogisticsManufacturingMining

Description

Jemison Metals has been acquired by SPS Companies, Inc. in a recent transaction facilitated by Heritage Capital Group. This acquisition positions Jemison Metals for long-term success as it joins the SPS Family of Companies, enhancing their operations and market reach. The sale reflects a strategic move to support continued growth and innovation.

Company Information

Company

SPS Companies

Location

Manhattan, Kansas, United States

About

SPS Companies, Inc. is a family of privately held steel distribution, processing, and logistics companies providing a broad range of carbon steel products. Founded in 1933, they also offer value-added processing, fabrication, and supply chain services to customers across the United States and Mexico. The company is recognized as the 16th largest service center company in North America.

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Strategic

ML-powered predictions for SPS Companies's next move

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Jemison Metals?

Jemison Metals was acquired by SPS Companies, based in Manhattan. The deal was reported on August 7, 2026. SPS Companies, Inc. is a family of privately held steel distribution, processing, and logistics companies providing a broad range of carbon steel products. SPS Companies is privately held and operates in Manufacturing.

When did SPS Companies acquire Jemison Metals?

SPS Companies's acquisition of Jemison Metals was reported on August 7, 2026. Jemison Metals has been acquired by SPS Companies, Inc. in a recent transaction facilitated by Heritage Capital Group. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Jemison Metals do?

Jemison Metals is a leading supplier of carbon flat-rolled products in the United States and Mexico. It is majority-owned by Jemison Investment Company, providing steel services from several locations. It is privately held, operating in Manufacturing, and is based in Birmingham.

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