Phoenix Services
Acquisition in 2017
Phoenix Services LLC is a provider of comprehensive slag handling and support services tailored for steel producers worldwide. Founded in 2002 and based in Kennett Square, Pennsylvania, the company focuses on enhancing operational efficiency while minimizing environmental impact. Its service offerings encompass a wide range of activities, including slag processing, scrap management, and metal recovery, alongside ancillary services such as road and yard maintenance, vacuum truck operations, and transportation of raw and finished materials. Phoenix Services also specializes in in-plant logistics, equipment rental, and various recycling initiatives aimed at optimizing recovery processes. With operations spanning North America, Europe, South America, Africa, and Asia, the company is committed to delivering responsive, world-class service to its clients in the global steel industry.
Welspun
Private Equity Round in 2011
Welspun is a diversified Indian conglomerate with a significant global presence, operating in the home textiles and steel pipe sectors. The company's home textiles division, Welspun Living, is Asia's largest and the world's second-largest terry towel producer, exporting to over 50 countries. It offers a wide range of products including towels, bath robes, bedding, and flooring, under brands like Christy and Spaces. Welspun's steel pipe division, Welspun Corp, is a leading manufacturer of welded line pipes, serving the global oil and gas industry. The company also operates in the infrastructure development sector, with a presence in roads, water, and oil & gas. Welspun employs over 26,000 people worldwide and has a strong reputation for quality and innovation.
Metals USA
Acquisition in 2005
Metals USA is a leading distributor of processed metals, operating facilities across the United States to serve a diverse range of industries, including manufacturing, construction, shipbuilding, defense, and aerospace. The company specializes in providing a wide variety of metal products, including carbon steel, stainless steel, and non-ferrous materials such as aluminum, copper, and brass. Metals USA offers products in various configurations, including sheet, coil, and strip forms, as well as custom-engineered pre-paint solutions. With a focus on local service backed by a national network, the company caters to original equipment manufacturers and metal forming customers by ensuring timely and tailored support for their metal supply needs.