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Announced

Completed

White Oak led a $287.5m funding round in Majestic Steel USA.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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steel service

Iron and Steel

Acquisition

Private

Private Equity

United States

Completed

Friendly

Single Bidder

Minority

Domestic

Synopsis

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White Oak, a global financial products and services company providing credit facilities to middle-market businesses and corporations, led a $287.5m funding round in Majestic Steel USA, a Cleveland-based steel service center in the prime, flat-rolled steel sector, with participation from Eclipse Business Capital and Stonebriar Commercial Finance.

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