Montrose Advisors is pleased to announce the acquisition of Kooima Company’s parts fabrication business by SPS Companies, Inc. and State Steel Supply Company.

Kooima, based in Rock Valley, Iowa, is a world-class manufacturer providing complex steel fabrication solutions to OEMs and other manufacturers. Kooima’s capabilities include laser cutting, bending, machining, and welding, among others. Visit for additional information.

SPS, headquartered in Manhattan, Kansas, has distribution, fabrication, processing and ERW tube manufacturing operations located in five U.S. states, as well as in Monterrey, Mexico. For more information visit

State Steel, headquartered in Sioux City, Iowa, operates multiple service centers including state-of-the-art coil processing lines, fabrication and processing capabilities, as well as metal recycling operations in four states. Visit for more information.

This transaction highlights Montrose Advisors’ success advising clients in the metals processing, fabrication, and manufacturing sectors. Montrose Advisors' longstanding relationships throughout the industry, deep sector knowledge, and analytical skill helped ensure the success of this complex carve-out transaction.