Albuquerque, New Mexico, March 2017. Affinity Ventures is pleased to announce that Diamondback Steel, Inc., located is Muskogee, OK has been acquired by Crimson Steel Supply LCC located in Tulsa, OK. Affinity Ventures acted as the exclusive investment banking advisor to Crimson Steel Supply LLC
Diamondback Steel, Inc. was formed in 2003 as a rebar fabrication business providing services to construction companies throughout Oklahoma, Arkansas, Missouri, and Kansas. The company specializes in rebar and light structural steel for commercial, highway, and bridge construction.
Crimson Steel Supply LLC was founded in 2010 by Dustin Wright to provide premier rebar services to Tulsa and the surrounding area. The company quickly grew to become recognized as the market leader in both size and customers service.
Affinity Ventures is a leading investment banking firm focused on the lower middle market sector. The diversified team of professionals have completed over 250 transactions valued at over $2 Billion. Since being founded in 1994, the company has completed M&A transactions for their clients with privately held companies, private equity firms, and Fortune 100 public corporations. For additional information please contact:
Bruce Burns, CEO