Exit Partners Advises Crimson Steel Supply in Sale to Argonaut PE

Crimson Steel Supply, LLC (“Crimson”) was the leading independent full-service rebar fabricator in Oklahoma.  It serves a diversified and growing customer base of industrial and governmental clients supplying various infrastructure projects across the United States. Exit Partners represented the selling shareholders in the transaction.  Dustin Wright, Founder and majority owner of Crimson, said “When we started this process, we were evaluating a number of strategic options for the company.  Over time, we developed a very clear idea of what we wanted to achieve with a transaction.  Exit Partners was very helpful in achieving all of our goals in the deal.  I am quite pleased with the outcome and with the position of the company going forward.”

Jon Mueller, Managing Partner at Exit Partners, said,  “Crimson has grown substantially since its founding in 2010 and its corporate values have always centered on doing things the right way.  It was a privilege to work with Dustin and his team on this process.  I am proud to call him a friend and very much enjoyed assisting him in achieving this great outcome for their company.”

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