Stout served as the exclusive financial advisor to State Steel Supply in connection with its combination with SPS Companies Inc.
Headquartered in Sioux City, Iowa, State Steel is one of North America’s largest steel service centers, operating distribution and fabrication facilities across Iowa, Nebraska, and South Dakota. The company has built a strong reputation for delivering high-quality steel products and services to a diverse customer base.
SPS Companies, headquartered in Manhattan, Kansas, operates steel distribution and fabrication facilities across 11 U.S. states and Monterrey, Mexico.