New State Capital Partners invested in Mako Steel.

Private equity firm New State Capital Partners invested in Mako Steel, an acknowledged leader in the self-storage construction industry. Financial terms were not disclosed. "The storage industry is booming for both residential and commercial use, and Mako Steel is best-in-class in terms of managing the entire process from engineering to contracting and construction management," said Dave Blechman, Founder and Senior Principal of New State Capital Partners. "Building strong partnerships is a cornerstone of our mission, and it was clear from our first meeting that Mako Steel's management team is actively committed to growth."