Company Announcements
April 20, 2026
Steele Solutions to scale and grow from Maysteel acquisition
Written by Kristen DiLandro
Revelar Capital’s portfolio firm, Steele Solutions, plans to accelerate the pace of operational growth at newly acquired Maysteel Industries.
Maysteel, a Wisconsin-based manufacturer of engineered metal solutions, has served customers for 90 years. Its solutions are used by data centers, critical infrastructure, and the electrical markets.
Steele Solutions, also based in Wisconsin, joined Revelar in 2020. It leads automation projects in a variety of metals-adjacent industries.
“The acquisition of Maysteel marks the latest exciting chapter within our growth-oriented partnership with Revelar, who has pushed us to accelerate our investment in the business, supporting our strong track record of organic and M&A driven growth,” said Kevin O’Neill, CEO of Steele Solutions.
“Maysteel has built an exceptional reputation for quality and reliability, and we’re excited to welcome their talented team into the Steele Solutions family,” he continued. “We look forward to working alongside them and our long-term partners at Revelar to build on this momentum and drive continued growth.”
Revelar Principal William Paolella noted the excellent, longstanding reputation Maysteel maintains with its customers and for its work.
He additionally highlighted the opportunities for scalability and growth the acquisition of Maysteel provides to Steele Solutions.
“Its presence in fast-growing data center and electrification end markets is highly complementary to Steele Solutions and expands the platform’s exposure to compelling secular tailwinds. With Steele Solutions’ broader capabilities, resources, and strategic focus on investment-led growth, we see an attractive opportunity to scale the Maysteel business even more rapidly going forward,” said Paolella.
Financial terms of the acquisition were not provided.
