TKO Miller Facilitates Acquisition of Midwest Stairs & Iron, Increasing R&B Wagner's Market Reach
TKO Miller Assists Midwest Stairs & Iron, Inc. in Major Acquisition
In a significant move within the metal fabrication industry, TKO Miller, a prominent middle market investment bank, has facilitated the acquisition of Midwest Stairs & Iron, Inc. (MWSI) by RB Wagner, Inc. This acquisition marks a pivotal step for both companies as they aim to expand their market presence and enhance their service offerings.
Overview of the Companies Involved
Midwest Stairs & Iron, Inc. (MWSI), established in 2006, has built a strong reputation as a leader in the manufacturing and fabrication of aluminum bolt-on balconies, steel stairs, railing systems, and other metal constructions. Based in Milwaukee, Wisconsin, MWSI operates across various sectors, serving multi-family residential, municipal, entertainment, educational, and commercial markets. With a commitment to durability and aesthetic quality, the company prides itself on delivering customized engineered solutions specifically tailored to meet the unique needs of each project.
On the other hand, RB Wagner, Inc. has been a steadfast player in the market since its establishment in 1955. This 100% employee-owned company specializes in high-quality, code-compliant railing systems and custom metal fabrication services. Also headquartered in Milwaukee, Wagner is noted for its innovative, customer-driven approach that allows it to stay ahead in the competitive landscape of metal fabrication.
Transaction Details
As the exclusive investment banking advisor for MWSI, TKO Miller orchestrated the entire transaction process, ensuring that the sale was smoothly executed. The firm worked closely with MWSI's management team and stakeholders to navigate the complexities of this acquisition, leveraging their extensive knowledge and experience in mergers and acquisitions within the industry. The collaboration was instrumental in aligning the strategic objectives of both parties and maximizing the benefits of the acquisition.
The Impact of the Acquisition
The union of MWSI and RB Wagner is poised to create a powerhouse in the metal fabrication sector. By combining their resources and expertise, the newly formed entity will streamline operations and enhance its ability to serve clients more effectively. This acquisition is not only expected to bolster RB Wagner's service offerings but also enables the company to broaden its market reach significantly.
Moreover, the enhanced capabilities from this merger will foster an environment that pushes for innovation in product offerings and customer service. The combined strengths of MWSI's specialized manufacturing capabilities with Wagner’s established market presence mean that customers can look forward to improved solutions tailored to their needs.
TKO Miller's Role and Expertise
TKO Miller’s expertise in the middle market space, particularly in family- and founder-held businesses, played a critical role in this acquisition. Their extensive experience, which boasts over 130 years of combined transaction experience, gives them a unique perspective when guiding companies through complex business transactions. They offer a broad range of services, including company sales, recapitalizations, and management buyouts, making them a trusted partner for businesses looking to expand or transition.
Conclusion
The acquisition of MWSI by RB Wagner marks a significant milestone not only for the companies involved but also for the metal fabrication industry as a whole. With TKO Miller's guidance, this merger is set to reshape the competitive landscape, enhancing service delivery and creating new opportunities for growth and innovation. As the newly formed entity continues to evolve, customers and industry peers alike will witness the benefits of this strategic partnership.