Dunmore
For more than 50 years, Dunmore has stood for quality in coated, laminated and metallized films, serving industries from aerospace and solar to packaging and print.
HandyTube Corp
HandyTube manufactures premium seamless stainless steel and nickel alloy tubing, with diameters as small as a human hair and coiled lengths as long as a mile.
IndianaTube Corp
Indiana Tube Corporation has engineered precision welded steel tubing for more than 50 years, serving essential industries worldwide from its home in Evansville, Indiana.
JPS Composite Materials Corp
JPS Composite Materials is a US-based weaver of composite reinforcement and ballistic protection fabrics, with materials on every Boeing commercial aircraft program.
Kasco
Since 1901, Kasco has been the global leader in blade products for the meat cutting, food cutting, and wood cutting industries.
Lucas-Milhaupt, Inc
Lucas-Milhaupt is a global producer of metal joining products and services, with more than 500 custom alloys and decades of materials science expertise.
ModusLink
ModusLink is an end-to-end global supply chain and eCommerce provider, moving products for the world's leading brands across North America, Europe, and Asia-Pacific.
MTE Corp
MTE provides simple, robust power quality solutions that protect variable frequency drives, motors, and sensitive equipment in industries worldwide.
MTI
MTI designs custom motion-control solutions, from high-performance motors to precision ball screws, for applications as demanding as children's prosthetics and next-generation spacesuits.
OMG
OMG is a leading US manufacturer and global supplier of specialty fasteners, adhesives, tools, and related products for the commercial and residential construction markets.
Steel Energy Services
Steel Energy Services provides well servicing, workover, wireline logging, and flowback operations to the oil and gas industry across the Bakken and Permian basins.
Steel Sports
Steel Sports is a social impact company setting a new standard in youth sports and coaching, forging the next generation of leaders and creating a positive experience for 100,000 athletes and their families each year.
WebBank
WebBank is an FDIC-insured, Utah-chartered industrial bank and, as the Bank Behind the Brand®, a national issuer of consumer and small business credit through partner platforms.
Steel Partners and its affiliates comprise a global diversified portfolio of product and service businesses. Today, Steel Partners employs 5,200 employees at 90 locations in 14 countries. We are interested in growing our portfolio of publicly-traded and private companies through acquisition. We prefer profitable acquisition targets, but we will consider unprofitable bolt-on targets.
Our Focus
Steel Partners focuses on enhancing long-term value through the implementation of operational and strategic programs, including operational excellence, strategic sourcing, corporate development, legal and other shared services.
New Platforms
We are interested in new industrial or aerospace/defense businesses with $25-75MM of EBITDA. We prefer companies with gross margins above 20%, high return on invested capital, sustainable competitive advantages and strong brands. We like businesses participating in structural changes where the business is positioned to gain market share. We will consider a transaction or series of transactions for up to $1B in enterprise value.
Alternatives
We are interested in purchasing all or a significant portion of a private equity fund that is beyond its investment period, and we believe that our approach could yield significant advantages to the limited partners and general partner. We are willing to work with the general partner and share fees and upside based on attaining mutually agreed performance goals. We would be willing to look at portfolios of up to $1B in enterprise value.
Special Situations
We have significant experience in working through pre-bankruptcy and bankruptcy issues. We prefer situations where the business has the characteristics stated above, but where the balance sheet is challenged and where our balance sheet can provide a meaningful improvement to the company’s outlook.
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