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Stark Metal Sales has been acquired by Pennsylvania Steel Company

The shareholders of Stark Metal Sales have sold the company to Pennsylvania Steel Company.

Founded in 1989, Stark Metal Sales is a full-line steel service center in Alliance, Ohio. The company has burning, shearing and sawing capabilities. Through its outsourcing partners, Stark also delivers finished goods to certain customers, primarily located in Ohio and Pennsylvania.

Pennsylvania Steel Company is a veteran-owned, privately held full-line metals service center headquartered in Bensalem, Pennsylvania. Pennsylvania Steel provides raw materials to the metal manufacturing sector through eight service center locations. Core products include carbon and alloy steels, aluminum, stainless, tool steel and tubing products.

Oaklins Heritage in Jacksonville served as the intermediary and exclusive financial advisor to the seller in this transaction.

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M&A sell-side

Parties

“Selling my steel service center with Oaklins Heritage’s help was a game-changer. Their expertise and strategic advisory were exceptional. I’m immensely grateful for their guidance throughout the process, resulting in a seamless transaction. I highly recommend their expertise and professionalism.”

Dave Rownd

President, Stark Metal Sales