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Littlejohn Capital-backed Maysteel Industries completed the acquisition of Star Precision Manufacturing.

Synopsis

Littlejohn Capital-backed Maysteel Industries, a complex sheet metal fabrication company, completed the acquisition of Star Precision Manufacturing, a full service, sheet metal fabrication, precision machining and complete finishing services company. Financial terms were not disclosed. "Maysteel participates in a diverse set of defined industries that require durable sheet metal solutions. Star Precision is a complementary addition to our growing platform as we continue to scale and diversify our metal production and machining capabilities. For over 15 years, Star Precision has built its reputation serving customers in Colorado, and we hope to build on the relationships they have established to offer additional products and services across different markets. Star Precision is an essential piece to our future success and growth, and we are excited to have the company and its people as part of Maysteel," Kevin Matkin, Maysteel CEO.

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