Structural and Steel Products Inc. of Fort Worth has been acquired by Highland Capital Management, a Dallas-based asset management firm. Terms of the transaction were not disclosed.
Chicago-based Lincoln International, a global mid-market investment bank, announced on June 13 that Merit Capital Partners has completed the sale of SSP.
The SSP transaction further establishes Lincoln’s expertise in infrastructure, and adds to its leading position as an industrial advisor, with over 220 transactions completed by the Global Industrial Group since 2010, according to a Lincoln news release.
Headquartered in Fort Worth, SSP manufactures and distributes products used in the highway construction end-market, including overhead sign structures, guardrails, crash cushions, lighting poles and bridge decking. The company also manufactures tubular structures used in the communication and power transmission industries.
Lincoln International acted as the exclusive financial advisor to SSP.
http://s-steel.com/