Patriot Capital is pleased to announce a subordinated debt and equity investment in support of Maysteel Industries, LLC’s (“Maysteel”) acquisition of DAMAC Products LLC (“DAMAC”).
Maysteel, a Littlejohn Capital portfolio company, is an Allenton, WI based manufacturer of custom OEM sheet metal enclosures, electrical cabinets, and metal fabricated assemblies. In addition, Maysteel has a production facility in Monterrey, Mexico. DAMAC is a La Mirada, CA based designer and manufacturer of data center infrastructure products, including: server cabinets, wall-mount racks, seismic and thermal management products, power distribution equipment, and cable runway systems.
DAMAC represents an opportunity to expand Maysteel’s existing customer base, end market coverage and geographic footprint across North America, while leveraging existing international relationships in Europe and a shared experience in fabrication techniques.