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Maysteel Industries Acquires Star Precision Manufacturing, Inc.

PRIVATEJan 18, 2024

Acquiring Company

Maysteel Industries

Acquired Company

Star Precision Manufacturing

AllentonFrederickIndustrial Machinery ManufacturingMechanical Or Industrial Engineering

Description

Maysteel Industries, LLC, a portfolio company of Littlejohn Capital, LLC, has announced the acquisition of Star Precision Manufacturing, Inc. The acquisition immediately reinforces Maysteel's position as a leader in the sheet metal fabrication sector and expands its products and services, as well as its geographic reach. This strategic acquisition further develops Maysteel's internal capabilities and geographical presence, allowing the company to better serve its customers.

Quick answer

Maysteel Industries is acquiring Star Precision Manufacturing, announced January 18, 2024. Maysteel Industries is based in Allenton, Wisconsin, United States.

How much did Maysteel Industries pay for Star Precision Manufacturing?
The deal value was not disclosed.
What does Maysteel Industries do?
Maysteel Industries, LLC, a portfolio company of Littlejohn Capital, LLC, specializes in designing, engineering and manufacturing custom, precision, OEM sheet metal enclosures, kiosks, cabinets and racks.
Where are Maysteel Industries and Star Precision Manufacturing based?
Maysteel Industries is based in Allenton, Wisconsin, United States. Star Precision Manufacturing is based in Frederick, Colorado, United States.

Source: Fundz verified event record.

Other recent acquisitions in Industrial Machinery Manufacturing and Mechanical Or Industrial Engineering

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Maysteel Industries

Location

Allenton, Wisconsin, United States

About

Maysteel Industries, LLC, a portfolio company of Littlejohn Capital, LLC, specializes in designing, engineering and manufacturing custom, precision, OEM sheet metal enclosures, kiosks, cabinets and racks. The company's product solutions are widely used in a wide variety of applications, including renewable energy, self-service kiosk/digital signage, security, utility, industrial and data center industries. Maysteel was founded in 1936 and today has over 700 employees and manufacturing locations in Allenton, Wisconsin, Lynchburg, Virginia, Garland, Texas, Monterrey Mexico, and manufacturing partner locations in Europe.

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Frequently asked

Who acquired Star Precision Manufacturing?

Star Precision Manufacturing was acquired by Maysteel Industries, based in Allenton. The deal was reported on January 18, 2024. Maysteel Industries, LLC, a portfolio company of Littlejohn Capital, LLC, specializes in designing, engineering and manufacturing custom, precision, OEM sheet metal enclosures, kiosks, cabinets and racks. Maysteel Industries is privately held and operates in Industrial Machinery Manufacturing.

When did Maysteel Industries acquire Star Precision Manufacturing?

Maysteel Industries's acquisition of Star Precision Manufacturing was reported on January 18, 2024. Maysteel Industries, LLC, a portfolio company of Littlejohn Capital, LLC, has announced the acquisition of Star Precision Manufacturing, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Star Precision Manufacturing do?

It is privately held, operating in Mechanical Or Industrial Engineering, and is based in Frederick.

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