$104 million acquisition of Patriot Special Metals
- Universal Stainless & Alloy Products, Inc. (“USAP”) is a leading manufacturer and marketer of semi-finished and finished specialty steels.
- USAP purchased a substantially completed facility from Patriot Special Metals located in North Jackson, OH. This facility includes a state-of-the-art radial forge, a vacuum induction melting facility under construction and two vacuum arc remelt furnaces.
- The acquisition will allow USAP to enter new markets while advancing its long-term strategic goals.
- Scura Partners acted as the buy-side advisor to USAP and provided valuation services and a fairness opinion.
- Scura Partners also acted as the financial advisor in arranging the debt financing for the acquisition.
October 4, 2015
$104 million acquisition of Patriot Special Metals Universal Stainless & Alloy Products, Inc. (“USAP”) is a leading manufacturer and marketer of semi-finished and finished specialty steels. USAP purchased a substantially completed facility from Patriot Special Metals located in North Jackson, OH. This facility includes a state-of-the-art radial forge, a vacuum induction melting facility under construction and two vacuum arc remelt […]
October 4, 2014
$15 million securitized financing Unicorn Financial Services provides financing for individuals having elective dental and medical procedures. Unicorn needed additional capital to support the Company’s rapid growth and to repay its maturing subordinated debt. Scura Partners created a unique hybrid structure, arranging for one lender to provide a ‘B’ tranche facility for Unicorn’s ABCP facility and a separate secured note […]
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October 15, 2012
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State of Minnesota Senate Tax Committee Provided testimony on proposed legislation that would enable the state’s local government units to sell or securitize their delinquent property tax receivables