Sources: White Cap, Atlanta; CP staff
White Cap, one of the top suppliers to concrete contractors, has acquired Crimson Steel Supply LLC, a distributor and fabricator of engineered rebar and structural steel products serving commercial or heavy/civil accounts from Muskogee, Oklahoma City and Tulsa, Okla. shops. With a payroll of 100-plus, the 14-year-old firm has built a leading position in rebar fabrication with a focus on projects throughout Oklahoma and neighboring states. The transaction was consummated with principals and their Tulsa-based partner, Argonaut Private Equity.
“We are pleased to be able to expand our rebar and structural steel product capabilities across the region thanks to the exceptional talents of the Crimson Steel team,” says White Cap CEO Alan Sollenberger.
“[Our] commitment to providing exceptional products and services has helped us become the leader in the Oklahoma rebar market,” adds Crimson Steel CEO Dustin Wright. “Joining the White Cap family will allow us to continue supporting our valued customers while expanding our product and service offerings.”
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