Hammer & Steel, Inc.
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Hammer & Steel, Inc. - overview
Established
1989
Location
Hazelwood, MO, US
Primary Industry
Construction
About
Founded in 1989 and based in Missouri, US, Hammer & Steel, Inc. is a supplier of drilling and pile driving equipment for construction sites. The company was founded by Bob Laurence and Joe Dittmeier. In August 2024, Argonaut Private Equity acquired Hammer & Steel Global, LLC As of 2024, the company is led by its CEO and President, Rob Strobing.
Hammer & Steel sells, rents, services, distributes, and supplies pile driving equipment, including diesel hammers, vibratory hammers, impact hammers, piling rigs, pile driving rigs, drill rigs, low headroom drill rigs, micropile drill rigs, excavator-mounted drills, steel sheet piling andh-pile products, Jean Lutz monitoring equipment, and Scheltzke grout plants. As of 2024, the company has sales, service, and distribution facilities located in New Jersey, Florida, Minnesota, Missouri, Texas, and California. Following the August 2024 acquisition, the company plans to expand its business development and strengthen its infrastructure and construction markets.
Current Investors
Argonaut Private Equity
Primary Industry
Construction
Sub Industries
Equipment Rental & Leasing, Construction
Website
www.hammersteel.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Hammer & Steel, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Hammer & Steel, Inc. | - |
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