The company is a key metal distributor of stainless steel, nickel, and alloy steel and offers a wide range of products along with many in-house services. The company has on-site equipment that allows them to create custom products with quick turnaround and offers 24-hour service.

Key Aspects:
· TTM ending August 31, 2022, revenue of $35.2 million and adjusted EBITDA of $6.0 million
· Long standing connections with major oilfield service companies having serviced many of them for over a decade
· Synergies with products and in-house services including meeting complex specifications
· Experienced staff with extensive knowledge in the industry
· Well-established market dominance on certain product segments
· Ability to out compete larger steel distributors in certain niches in the industry

Opportunities:
· Expand and diversify customer base
· Extend marketing efforts to promote more types of steel in addition to the company’s primary product to a wider variety of customers
· New consignment program expected to boost revenue with minimal initial investment
· International expansion to serve the increasing demands of existing customers

Headquartered:
· Southwest, USA

Current Markets:
· The company primarily serves a large metropolitan area in the Southwest United States with an assortment of steels primarily serving the energy sector.

Real Estate:
· The company operates from a 60,000 square foot facility that is leased from a related third party and is available for lease following a transaction.

Shareholder Objectives:
· The four shareholders are seeking various objectives. All agree with a sale, two are inactive and seeking a full exit from the business, one is willing to remain for the long-term if desired, and one wishes to remain in his current role following a transaction. Ownership is open to various deal structures to facilitate a transaction.

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Established Metal Distributor of Stainless Steel, Nickel, and Alloy Steels- BN000037191

Established Metal Distributor of Stainless Steel, Nickel, and Alloy Steels- BN000037191

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