Smede-Son Steel & Supply Company has been acquired by Credo Private Capital and Leelanau Private Capital
Credo Private Capital and Leelanau Private Capital have acquired Smede-Son Steel & Supply Company, Inc. (collectively referred to as “Smede-Son” or the “Company”). EdgePoint served as the exclusive financial advisor to Smede-Son. Terms of the transaction were not disclosed.
Founded in 1954 in Detroit, Michigan, Smede-Son is a distributor of structural steel and building products such as re-rod and concrete supplies, basement egress wells, commercial steel doors, specialty hardware, and locks for contractors and homebuilders in Southeast Michigan.
EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.