Metaltech Service Center, Inc.
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Metaltech Service Center, Inc. - overview
Established
1993
Location
Houston, TX, US
Primary Industry
Automobiles, Other Vehicles & Parts
About
Metaltech Service Center, Inc. specializes in the distribution and processing of steel products, catering to diverse industrial sectors with a focus on quality and reliability for OEM supply chains. Founded in 1993 and headquartered in Houston, US, Metaltech Service Center, Inc. primarily distributes and processes steel products for the industrial sector.
Recently, on April 18, 2023, the company was acquired by Newbury Franklin LLC from Gulfstar Group and LINX Partners, marking a significant strategic shift in ownership. Metaltech Service Center specializes in the distribution and processing of various steel products, serving a diverse clientele within the industrial sector. The company maintains an extensive multi-grade inventory that includes different types of steel and stainless steel, utilized in applications such as chemical production, LNG storage, and infrastructure projects. Their offerings address the specific needs of OEM supply chains, ensuring quality and reliability for customers in sectors like construction, manufacturing, and energy across the Gulf Coast region, with expanding markets in Alabama, Mississippi, and Florida.
Metaltech Service Center generates revenue through direct B2B transactions, focusing on providing steel products to industrial clients. Transactions occur through orders from customers requiring metal supplies for ongoing projects or maintenance, accommodating both large-scale contracts and smaller orders. The pricing structure reflects the quality and reliability of the products offered, supporting long-term customer relationships that facilitate recurring business and market expansion. The acquisition of Metaltech Service Center, Inc.
by Newbury Franklin LLC will enable the expansion of product offerings to include metals and establish a southern U. S. consolidation hub for future buyers. The strategic initiative aims to leverage Metaltech's existing infrastructure for growth in upcoming markets, with plans to enhance product lines and reach new geographic areas in the near future.
Current Investors
LINX Partners, Gulfstar Group
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts
Website
www.metaltechsc.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Metaltech Service Center, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Metaltech Service Center, Inc. | - | ||||||||
| Recapitalisation | Completed | Metaltech Service Center, Inc. | - |
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