Montrose Advisors, LLC has completed the sale of Service Steel & Pipe, Inc. to Service Steel Distributors, an investor group. Service Steel is a leading supplier of merchant and structural steel, pipe and tube, steel plate, and architectural metal products in the Louisiana – Texas – Arkansas tri-state area. Founded in 1975, Service Steel has grown over four decades to become the recognized regional leader in steel sales, distribution and service.

Service Steel Distributors is an investor group located in Shreveport, formed with the purpose of acquiring a well-established local business with strong growth potential. Montrose Advisors was pleased to be able to put together this transaction for Service Steel’s previous owners, and to help Service Steel find new and excited ownership for its next chapter.

Montrose Advisors served as exclusive financial advisor to Service Steel & Pipe in this transaction. This transaction highlights our 20+-year track record of advising clients in the metals processing and service center sectors through their most important transactions. Montrose Advisors' deep sector knowledge, longstanding relationships throughout the industry, and analytical skill helped ensure the success of this transaction.