Project Forge

Project Forge

Acquisition Opportunity

Regional Metal Service Center & Value Added Processor

Northeast United States | Founded 1946 | NAICS 423510

Presented by CenterPoint Business Advisors, LLC

Investment Snapshot

Forward Normalized Adjusted EBITDA

~$2.69 Million

• ~24% Forward EBITDA Margin

• 80-Year Operating History

• No Interest-Bearing Debt

Key Metrics

• ~$11.25 Million Forward Revenue

• ~$4.2 Million Inventory at Cost

• ~37,600 Square Feet of Facility Space

• 8 Skilled Employees

Real Estate Flexibility

The real estate is available under multiple structures to accommodate buyer preferences:

• Lease

• Lease with Purchase Option

• Purchase

The Opportunity

CenterPoint Business Advisors is pleased to present Project Forge, an opportunity to acquire a well-established, independently owned regional metal service center with an 80-year operating history.

The company serves commercial, industrial, municipal, and contractor customers throughout the Northeast and operates from a purpose-built, fully equipped facility with significant processing capabilities. The business has built a reputation for reliability, customer service, and technical expertise while maintaining strong profitability and a debt-free balance sheet.

Market Opportunity

Metal service centers play a critical role in the supply chain by providing inventory, processing services, and just-in-time delivery to fabricators, contractors, manufacturers, and industrial buyers.

Several powerful trends continue to support demand:

• Infrastructure spending driven by federal investment programs

• Manufacturing reshoring initiatives

• Rapid growth in data center construction

• Expansion of power infrastructure

• Continued demand for structural steel, plate products, and industrial metals

These factors have increased interest from strategic acquirers and private equity firms seeking established regional operators with strong customer relationships and value-added processing capabilities.

Investment Highlights

Project Forge offers a rare combination of durable cash flow, defensible market position, and meaningful growth potential.

Resilient Earnings Profile

Project Forge has maintained profitability through changing market conditions and steel price cycles. Five-year Adjusted EBITDA margins have ranged from approximately 21.6% to 28.1%, outperforming many independent service center peers. Forward earnings projections are based on sustainable operating performance rather than peak-cycle assumptions.

Defensible Regional Position

Eight decades of continuous operation have produced long-standing customer relationships, deep institutional knowledge, and a strong reputation within the market. The company faces limited regional competition with comparable processing capabilities.

Value Added Processing Capabilities

The company generates attractive margins through a range of in-house services, including:

• Precision Band Sawing

• Plate Shearing

• Sheet Shearing

• Flame Cutting

• Material Handling

These capabilities help differentiate the business from commodity-only distributors while creating additional value for customers.

Strong Balance Sheet

The business operates without interest-bearing debt and maintains approximately $4.2 million of inventory at cost. This asset-rich structure provides flexibility for acquisition financing and transaction structuring.