Crosstown Capital Partners has acquired MAK Steel Services, LLC for an undisclosed amount. The transaction, which has been completed, transfers full ownership of the steel fabrication and erection firm to the investment group.
MAK Steel Services operates as a structural and miscellaneous steel fabrication and erection company. Beyond its core construction services, the firm provides in-house engineering and detailing, supported by a trained technical staff. MAK also supplies and installs architectural metal products and pre-engineered metal buildings, giving it a diversified revenue base within the commercial and industrial construction sectors.
Crosstown Capital Partners, the acquiring entity, focuses on building long-term value in middle-market companies. The purchase of MAK Steel Services adds a specialized contractor with integrated design capabilities to its portfolio. For Crosstown, the acquisition provides entry into the steel supply chain, a segment characterized by steady demand tied to non-residential construction activity. The deal is expected to allow the investment firm to apply operational resources to expand MAK’s regional footprint without altering its day-to-day management structure.
For MAK Steel Services, the change in ownership brings access to additional capital and financial oversight. The company’s existing leadership and workforce are expected to remain in place, preserving client relationships and project continuity. The acquisition is structured as a full buyout, meaning MAK Steel Services now operates as a portfolio company under Crosstown’s control rather than as an independent entity.
The combined operation will likely focus on deepening MAK’s engineering and erection capabilities while pursuing larger-scale projects. With Crosstown’s backing, the steel firm is positioned to invest in equipment and talent acquisition, though specific growth targets have not been disclosed. The near-term priority is to maintain current project schedules and integrate financial reporting systems under the new ownership.