Steel Excel Inc.
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Steel Excel Inc. - overview
Location
White Plains, NY, US
Primary Industry
Financial Services
About
Steel Excel Inc. is a specialized provider of innovative steel fabrication solutions, precision engineering services, and custom structural components, serving diverse industrial sectors in North America and Europe. Steel Excel Inc. operates out of White Plains, US, specializing in advanced steel solutions.
The company was founded by Cameron Weber, who has experience in founding other ventures. There are no known changes in business strategy or operations and no mention of subsidiaries or parent companies. Steel Excel Inc. offers specialized products and services designed for various industrial sectors, including advanced steel fabrication solutions, precision engineering services, and customized structural components.
Their products address specific challenges faced by clients in construction, manufacturing, and infrastructure development, with a focus on efficiency, durability, and compliance with industry standards. The company serves a diverse customer base, including contractors, manufacturers, and project developers across North America and Europe, emphasizing quality and innovation in its offerings. In the most recent year, Steel Excel Inc. reported revenue of USD 132.
62 mn and an EBITDA of USD -17. 05 mn. Revenue is generated through direct sales and B2B partnerships, primarily through long-term contracts that facilitate ongoing collaboration on large-scale projects. Pricing strategies reflect the complexity and customization of their offerings, ensuring competitive rates in a high-demand market.
Steel Excel Inc. is focused on expanding its market presence by launching new product lines tailored to meet emerging industry needs. Plans are in place to enter additional geographic markets in Europe and Asia by 2025, capitalizing on recent funding to support product development and marketing initiatives. The funding will be utilized to enhance research and development capabilities, allowing for timely launches of innovative solutions.
Primary Industry
Financial Services
Sub Industries
Financial Services, Petrochemicals
Website
www.steelexcel.com
Total Amount Raised
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Steel Excel Inc. - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 8,895,000 | 2,593,000 | 100,104,000 | - | - | - |
| % Revenue Growth (YoY) | - | (70.8%) | 3760.5% | - | - | - |
| EBITDA (USD) | (19,701,000) | (5,988,000) | 22,545,000 | - | - | - |
| Operating Income (USD) | (32,847,000) | (8,797,000) | 5,817,000 | - | - | - |
| Operating Margin | (369.3%) | (339.3%) | 5.8% | - | - | - |
| % EBITDA Margin | (221.5%) | (230.9%) | 22.5% | - | - | - |
| NET Income (USD) | (17,759,000) | 6,697,000 | 20,244,000 | - | - | - |
| % Net Margin | (199.7%) | 258.3% | 20.2% | - | - | - |
Steel Excel 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 | Sun Well Service Inc. | - |
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Steel Excel Inc. - employee data
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