Patriot Capital Invests in Structural and Steel Products

Patriot Capital Invests in Structural and Steel Products

June 13, 2017

Patriot Capital is pleased to announce a subordinated debt and equity co-investment in Structural and Steel Products ("SSP" or the "Company"). Patriot's investment supported the acquisition of SSP by an affiliate of Highland Capital Management in partnership with the Company's senior management team.



Structural and Steel Products, founded in 1969, is a major distributor and manufacturer of highway infrastructure and manufactured transportation and communication products. Headquartered in Fort Worth, Texas, SSP manufactures and distributes products used in the highway construction end-market, including overhead sign structures, guardrails, lighting poles, high mast poles, and bridge decking. In addition, the Company manufactures tubular structures used primarily in the communication and power transmission industries.

For more information on this transaction, please contact Chris Royston, Pat Hamner, or Jonathon Cope.

 
About Patriot Capital
Patriot Capital is a leading source of growth capital for middle-market companies seeking to finance business expansion, acquisitions, management buyouts or balance sheet recapitalizations. Patriot Capital is focused on debt capital and minority equity investments. Our senior deal professionals each have over 20 years of diverse corporate finance experience. We provide companies with capital and seasoned business judgment for transactions.
   
Patriot Capital utilizes a disciplined investment strategy developed over many years that focuses on capital preservation, consistent earnings growth and income generation. Patriot Capital has invested in and managed companies successfully through varying periods of economic expansion and contraction. We understand and employ successful strategies and tactics needed to guide our companies through these periods.