Brown Gibbons Lang & Company announces the sale of Camden Yards Steel Company (Camden Yards Steel), a flat-rolled steel producer and distributor, to Triple-S Steel Holdings (Triple-S Steel), one of the largest family-owned steel service center companies in North America. BGL’s Metals & Advanced Metals Manufacturing investment banking team served as the exclusive financial advisor to Camden Yards Steel in the transaction.
The transaction highlights BGL’s experience advising businesses that operate in the ferrous and nonferrous metal processing industry.
Founded in 2002 by Mike Amato Sr. and Alan Kanoff, Camden Yards Steel is a well-established flat-rolled steel processor and distributor with facilities in Camden, New Jersey, and Columbia, South Carolina. Camden serves distributors and manufacturers throughout the eastern United States with hot rolled, cold rolled, coated sheet products and coil products.
Transaction Details
- The new partnership will enhance Triple-S Steel’s ability to expand in the service center market and allow both companies to continue their family legacy while benefitting from existing synergies and complementary product offerings.
- Camden Yards Steel will continue to operate under the leadership of Mike Amato Jr. and Alex Kanoff, with founder Mike Amato Sr. remaining actively involved in a senior role.
- Camden’s New Jersey facility is part of the South Jersey Port Corporation and is located along the Delaware River, providing direct waterway access for shipments with domestic and international counterparties.
- The transaction pairs two long-standing industry partners with shared values and customer-focused cultures, positioning Camden Yards Steel for continued growth under Triple-S Steel ownership.
