BICO Steel

BICO Steel is a highly-specialized processor of heavy carbon steel plate and forged specialty alloy steel used primarily in the production of quality-critical, high-performance products used in the molding, process equipment, stamping, and capital equipment industries. BICO’s customers serve a diverse group of end markets including aerospace, automotive, canning, paper conversion, consumer goods, building products, and oil and gas, amongst others.

STATUS

Active

HQ LOCATION

Midwest

INDUSTRY

Precision Manufacturing

FUND

Private Credit Fund II

DEAL TEAM

Matt Harnett, Jack Surma, and Matt Sweet

INVESTMENT DATE

08/31/2018

Add-On Acquisition Criteria

IDEAL TARGET CHARACTERISTICS

Value-added steel fabricator and processor

SIZE

REVENUE

$5MM+

EBITDA

$500K+

END MARKETS SERVED

Aerospace, Automotive, Canning, Paper Conversion, Consumer Goods, and Building Products