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01/2025

UNIVERSAL STAINLESS & ALLOY PRODUCTS acquired by APERAM

UNITED STATES Chemicals & Materials / Material Transformation / Metallurgy / Foundry EV 500M - 1.5b USD

Context

The acquisition of the target by Aperam marks a definitive structural expansion into the North American market. The strategic rationale for this transaction centers on a "portfolio-decommoditization" play, merging the target's technical operational depth in aerospace-grade alloys with the group’s global leadership in stainless and specialty steel solutions. This fusion effectively creates a specialized powerhouse in the high-performance metals arena, providing the organization with the necessary technical resources to address the increasing complexity of aerospace and industrial supply chains in the United States. This operation allows the group to execute a definitive structural transformation of its Alloys & Specialties segment, moving into high-margin segments that reduce exposure to traditional steel cycles.

UNIVERSAL STAINLESS & ALLOY PRODUCTS, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Industry & Manufacturing sector (11.6x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Universal Stainless & Alloy Products manufactures semi-finished and finished specialty steels, focusing on stainless steel, nickel alloys, and tool steel. The entity’s business model is centered on high-performance materials required for critical applications where durability and resistance are non-negotiable. Its value proposition lies in technical operational depth, providing alloys that meet stringent aerospace and energy sector standards. Strategically, the firm operates as a premier supplier for heavy equipment manufacturing, optimizing material integrity for complex industrial environments. The organization facilitates the structural advancement of aerospace engineering by providing high-grade alloys that support next-generation flight technology. By maintaining a specialized focus on niche metallurgy, the entity ensures a mission-critical role in the global industrial supply chain. The organization prioritizes technical reliability to enable the advancement of energy infrastructure and specialized heavy equipment production standards.

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Multiples

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Historical Financials (USD)

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REFERENCES

Valuation range: EV 500M - 1.5b USD

Revenue range: 250M - 500M USD

EBITDA range: 50M - 100M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of UNIVERSAL STAINLESS & ALLOY PRODUCTS by APERAM are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).