Trinity Steel Fabricators Has Been Acquired by Patriot Erectors
Industrial Services & Manufacturing,
Energy, Power & Infrastructure
Mergers & Acquisitions
Trinity, Texas
HOUSTON, March 4, 2019 – GulfStar Group (“GulfStar”) is pleased to announce the acquisition of Trinity Steel Fabricators, Inc. (“Trinity Steel” or the “Company”), a portfolio company of CapStreet Group, by Patriot Erectors, Inc. (“Patriot”). GulfStar served as the exclusive financial advisor to Trinity Steel throughout the transaction, which closed on March 4, 2019.
Trinity Steel is a leading provider of structural steel fabrication services to the petrochemical, energy, diversified chemical, power, commercial construction and engineering industries. Headquartered in Trinity, Texas, the Company is one of the largest fabricators in the Gulf Coast region. The Company’s fabrication services include the cutting, drilling, welding, punching, burning and shearing of structural steel beams and plates.
Founded in 1991, Patriot is a leading steel fabrication and erection company that provides turnkey structural and specialty steel services for commercial, industrial and municipal end markets. Headquartered in Dripping Springs, Texas, Patriot has established a blue-chip customer base consisting of the largest commercial development and construction companies. Patriot primarily serves Texas but has completed projects in more than 10 states. It is one of two companies in Texas that is certified by the American Institute of Steel Construction to both construct and erect steel structures.
The GulfStar team was led by Managing Director Kent Kahle along with Senior Vice President Rupert Gerard and Associate Alex Pette.
About GulfStar Group
GulfStar is a leading middle market investment bank headquartered in Houston. GulfStar specializes in providing merger and acquisition advisory services, institutional private placements of equity and debt, and general corporate finance advisory services to companies with revenues or enterprise values generally ranging from $25 million to $350 million. Since its formation in 1990, GulfStar has completed more than 675 transactions in 35 states and 16 foreign countries across a variety of industries.