Union Partners LLC, a hands-on full service investment company, has acquired Berg Steel Corp., effective Aug. 1, 2016. There will be no interruption to service for customers of the Royal Oak, MI steel service center.
Union Partners portfolio includes Mapes & Sprowl Steel LLC, Chicago Steel Holdings LLC, JIT Steel Services LLC, JIT Steel Transport, Cortran LLC, and Opus Metals LLC.
“This acquisition is a perfect complement to our Michigan infrastructure in Grand Rapids, Gibraltar and Farmington Hills; and we are excited to welcome Berg Steel to our family of companies” said Paul Douglass of Union Partners.
“We chose to sell to Union Partners based on their demonstrated success in delivering positive outcomes to customers, vendors and employees,” said Mark Berg of Berg Steel. “We are very proud of what the entire team at Berg Steel has accomplished during its 46 years in business and feel fortunate to have Union Partners’ operating expertise and commitment to quality drive the company’s success for decades to come.” (Source: Union Partners LLC)
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