InSight

Exit and Growth Strategies for Middle Market Businesses

M&A Quarterly News In The Metal Fabrication Industry Sector

By Jim Zipursky | Nov 22, 2019

The report below gives a good overview of the fourth quarter M&A activity in the Metal Fabrication Industry Sector. M&A activity for North American based target companies in the Metal Fabrication sector for Q3 2019 included 44 closed deals, according to data published by industry data tracker FactSet.

One of the notable middle market transactions in the sector was announced in September when a private group led by KCM Capital Partners LLC, Five Points Capital Inc, PNC Mezzanine Capital Corp and management of Industrial Valve Sales & Services, Inc., acquired Industrial Valve Sales & for an undisclosed amount in cash. The transaction enhances Industrial Valve Sales & Services’ service opportunities. Founded in 1975, Industrial Valve Sales & Services is located in Alabama and provides valve services and products.

Industry Indicators

  • US durable goods manufacturers’ shipments of primary metals, an indicator of steel production, fell 2.0% year-to-date in August 2019 compared to the same period in 2018.
  • The value of US nonresidential construction spending, a demand indicator for steel products, rose 2.4% year-to-date in August 2019 compared to the same period in 2018.
  • US steel mill product prices, an indicator of inventory value for steel producers, fell 11.1% in September 2019 compared to the same month in 2018.
  • Total US wholesale sales of durable goods, a potential measure of steel demand, rose 8.1% in August 2019 compared to the same period in 2018.

Posted by Jim Zipursky.

Read the Entire Metal Fabrication 4th Quarter Newsletter Here


One Response to “M&A Quarterly News In The Metal Fabrication Industry Sector”

Leave a Comment