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

Southwest US
Business Services; Industrial & Manufacturing
Client Code: BN000037191
Revenue (TTM): $33,316,057
EBITDA (TTM): $5,056,551

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

Key Aspects:

· TTM ending June 30, 2022, revenue of $31.3 million and adjusted EBITDA of $4.5 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

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

Headquartered:

· Southwest, USA

Current Markets

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

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.