Majestic Steel USA, Inc.
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Majestic Steel USA, Inc. - overview
Established
1979
Location
Cleveland, OH, US
Primary Industry
Materials
About
Founded in 1979 and based in Ohio, US, Majestic Steel USA operates as a steel service center that distributes and provides flat-rolled steel products such as hot-rolled, cold-rolled, and coated steel products, to manufacturers and other industrial customers across the country. In July 2023, White Oak Global Advisors and its affiliates provided a three-year USD 287. 5 million senior secured credit facility, which is comprised of a USD 212. 5 million asset-based revolving line of credit and a USD 75 million term loan, to support the growth and refinancing of Majestic Steel USA.
The firm operates from locations in Ohio, Texas, Florida, West Coast, and Arkansas. The firm delivers Majestic Experience through prime inventory, unwavering quality, and world-class customer service. Their mission extends to creating a positive impact on customers, suppliers, and associates. various applications, including homes, offices, and safety.
Majestic fosters innovation through technology, offering a unique approach to steel solutions, simplicity in buying, quality assurance, market insights, and a revolutionary steelworker culture.
Primary Industry
Materials
Sub Industries
Steel & Metals, Metal Mining
Website
www.majesticsteel.com
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
Majestic Steel USA, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | Majestic Steel USA, Inc. | - |
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