Maysteel Industries LLC, a portfolio company of Littlejohn Capital LLC, has purchased Star Precision Manufacturing Inc., a sheet metal fabrication, precision machining and complete finishing services company.
Star Precision is focused on the fabrication of sheet metal into equipment serving a variety of industries, including utilities, telecommunications, scientific instrument, medical, data storage and recreational vehicles, among others. The acquisition reinforces Maysteel’s position in the sheet metal fabrication sector and, combined with its previous acquisition of DAMAC and merger with Porter’s Group, expands its products and services, as well as its geographic reach.
“Star Precision is a complementary addition to our growing platform as we continue to scale and diversify our metal production and machining capabilities,” states Kevin Matkin, CEO of Maysteel.