Maysteel Industries, LLC

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Maysteel Industries, LLC - overview

Established

1936

Location

-, WI, US

Primary Industry

Materials

About

Maysteel Industries, LLC specializes in custom metal fabrication solutions, catering to a diverse range of industries such as telecommunications, industrial equipment, and medical devices, providing precision-engineered products and services. Maysteel Industries, LLC, founded in 1936 in the US, focuses on custom metal fabrication. The company has undergone a strategic shift, acquiring a new ownership structure in April 2017 when Littlejohn & Co. acquired Maysteel from Revolution Capital Group.


The leadership includes Alfonso Lazaga, Kevin Matkin, and Nathan Smith with Alfonso Lazaga being one of the founders. In April 2026, Steele Solutions Inc. , a portfolio company of Revelar Capital, acquired Maysteel Industries, LLC. Maysteel specializes in the design and manufacturing of custom metal fabrication solutions, serving a diverse array of industries including telecommunications, industrial equipment, and medical devices.


Their core product offerings encompass precision sheet metal components, enclosures, and integrated assembly services, all crafted to meet the specific requirements of their clients. These products are engineered to address critical operational challenges such as equipment protection, structural integrity, and enhanced functionality in various applications. Maysteel’s clientele includes a mix of large corporations and small businesses, all of whom benefit from tailored solutions that optimize performance and reduce operational downtime. The company's offerings are primarily distributed across North America and select international markets, ensuring a wide reach to end-users who rely on durable and efficient metal solutions in their respective sectors.


Maysteel generates revenue through direct sales of its metal fabrication products and associated services, establishing strong partnerships within the B2B landscape. The company operates on a transaction structure that emphasizes long-term contracts and bulk orders, allowing clients to secure tailored solutions that meet their ongoing needs. Transactions typically involve customized pricing agreements based on the specific products and services requested, including their flagship metal enclosures and custom assemblies. Clients may engage Maysteel for both one-time projects and continuous supply agreements, fostering a reliable revenue stream that supports sustainable business growth.


Additionally, the company’s strategic relationships with key industry players help solidify its position in the market, driving consistent demand for its innovative fabrication solutions. Maysteel plans to enhance its product portfolio with new metal fabrication solutions targeting specific operational needs, although no specific launch dates have been disclosed. The company is looking to expand its reach into new geographic regions, particularly targeting emerging markets within North America and select international areas. The acquisition by Littlejohn & Co.


in April 2017 is expected to support these initiatives, allowing for increased investment in R&D for new products and market expansion.


Current Investors

Marshall Street Capital

Primary Industry

Materials

Sub Industries

Engineering, Industrial Machinery, Steel & Metals

Website

www.maysteel.com

Verticals

Manufacturing

Company Stage

Buyout

Total Amount Raised

Subscriber access only

Maysteel Industries, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedMaysteel Industries, LLC-
Add-onCompletedStar Precision Manufacturing, Inc.-
MergerCompletedPorter's Group LLC-
Add-on, Trade SaleCompletedDamac Products Inc-
Secondary BuyoutCompletedMaysteel Industries, LLC-

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Maysteel Industries, LLC - employee data

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