Flatiron Steel, Teton Steel, And Epic Steel have been acquired by Gibraltar Industries
Detroit, MI – CFI USA (PMCF Investment Banking) is pleased to announce it served as the exclusive investment banker to Flatiron Steel, Teton Steel, and Epic Steel (“Flatiron”, “Teton”, and “Epic” or the “Companies”) in its sale to Gibraltar Industries (“Gibraltar”).
Serving markets across the Rocky Mountain Region, Flatiron (Greeley and Colorado Springs, Colorado), Teton (Idaho Falls, Idaho), and Epic (Missoula, Montana) specialize in the manufacture and supply of high-quality metal roofing and siding materials. Teton Steel was founded in 1994 by David and Cathy Smith to address a need for custom-manufactured metal roofing and supplies produced to exacting standards. After David and Cathy’s son, Lee Smith, moved to Northern Colorado, he started Flatiron Steel in the summer of 2006 with the same intent. Epic Steel was founded by David and Cathy’s daughter, Tia Jennings, and her husband, Jonathan Jennings, in 2008, to address the market in Missoula, Montana.
Gibraltar is a leading manufacturer and provider of building products and services. It primarily serves customers in North America, providing products and services to renewable energy (solar), institutional and commercial agriculture, home improvement retail, wholesale, distribution, and contractor end-markets. Gibraltar is publicly traded on the Nasdaq (Symbol: ROCK) and is a component of the S&P SmallCap 600 and the Russell 2000® Index.
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