News

Maysteel Industries LLC merges with Porter's Group

December 23, 2019

Maysteel Industries LLC and Porter's Group have merged under the Maysteel name to create a custom sheet metal fabricator serving a number of industries, according to a press release.

Maysteel, owned by Littlejohn Capital LLC, specializes in designing, engineering and manufacturing custom sheet metal enclosures, cabinets, kiosks and racks from its locations in Wisconsin, California and Monterrey, Mexico.

Porter's Group, owned by Resilience Capital Partners, is a custom metal fabricator that serves 20 industries from three manufacturing locations in Lynchburg, Virginia, Sumter, South Carolina and Garland, Texas. 

The combined company will have over 1,000 employees with six manufacturing locations covering the U.S. and Mexico, and manufacturing partner locations in Europe. Both Littlejohn Capital, LLC and Resilience Capital Partners continue as equity owners of the combined company.

"With greater scale, improved market leadership, increased engineering expertise, complementary strengths and geographic reach we have a broader product base to offer our customers from locations where customers need us," Kevin Matkin, Maysteel CEO, who will serve as CEO of the newly-formed company, said in the release.

"We welcome this merger with a highly regarded industry peer and look forward to complementing Porter s' locations with Maysteel to offer all current and future customers geographic reach across North America and Europe," said Guy Roberts, formerly CEO of Porter's Group, who is COO of Maysteel, in the release.  "The continued support from Littlejohn Capital and Resilience Capital allows us to benefit from the combined resources of these two firms who have extensive expertise in our industry."