CFA Advises Steel Services Company In Sale to Calco Environmental Group

December 17, 2009 (PRLEAP.COM) Business News
Corporate Finance Associates (CFA), an international middle-market investment banking services firm providing merger and acquisition, business valuation, capital resource and financial advisory services, announced it advised Steel Services Company of Macon, Georgia in the sale to Calco Environmental Group of Calgary, Alberta, Canada.

Founded in 1966, Steel Services provides a wide range of custom metal fabrication services to the transportation, construction, manufacturing and environmental industries. The facility is located 85 miles south of Atlanta and the site is well suited to handle goods shipped from Charleston, Savannah, Brunswick, Jacksonville and Tampa ports. Steel Services attention to customer service and quality control combine to create a stellar reputation in the industry.

CFA looked at a number of potential buyers for Steel Services before identifying a strong growth partner in Calco Environmental Group. The two companies shared the same core values and vision for the future. "It was a pleasure working with Steel Services. It is always gratifying to see the goals of two companies being met in a successful transaction", said Brandt Ross of CFA Atlanta, lead advisor on the CFA team.

Doug Nix, CFA Oakville, Ontario Canada was instrumental in sourcing the right buyer. "This transaction is a very good example of how CFA works across geographies and even across borders to service its clients. These two companies were superbly matched and the resulting company is one with incredible future potential", said Mr. Nix when asked about the transaction.

Calco Environmental Group designs, manufacturers, commissions and supports turnkey solutions for soil remediation and the treatment of air and water in industrial applications. The company was founded in 1992 and is regarded as one of the fifty best run companies in Canada. Calco is known in the industry for its professional approach to business and its commitment to customers, employees and the environment.

Transaction Information

On November 13, 2009, Calco Environmental Group acquired Steel Services Company in a private transaction. The terms were not disclosed. Brandt Ross of CFA Atlanta provided assistance to Steel Services Company.

About Corporate Finance Associates

Corporate Finance Associates is a major investment banking services firm, providing middle-market companies with a wide range of financial advisory services in support of mergers, acquisitions, divestitures, capital sourcing, and corporate restructuring. From project inception to completion a senior principal guides clients through every challenge, advocates on their behalf, and leverages CFA's experience and extensive resources. CFA has over 20 offices in United States, three in Canada, three in India and 12 partner offices throughout Europe. More information about buying or selling a business is available via the Internet at www.corporatefinanceassociates.com.