Industrial Technology

On August 31, 2026, KeyBanc Capital Markets (KBCM) successfully advised on the sale of Myers Tire Supply (MTS), a division of Myers Industries (Myers), to Lion Equity Partners (Lion). KBCM was selected to serve as Myers’ Exclusive Sell-Side Advisor based on its industry-leading Specialty Distribution investment banking practice, proven M&A execution capabilities and long-standing relationship with Myers.

Headquartered in Akron, Ohio, Myers is a leading manufacturer of specialized plastic and metal products for the consumer, vehicle, food & beverage, general industrial and infrastructure end markets. Myers operates a portfolio of established brands and manufactures a diverse range of products, including material handling containers, storage solutions, fuel and water storage products, ground protection systems and other engineered products. Myers employs over 2,000 individuals, with over 30 locations globally.

Founded in 1933 and headquartered in Akron, Ohio, MTS is one of the nation’s leading distributors of specialized tire supplies, tools and equipment for the tire service market. MTS provides comprehensive retread and repair consumables, wheel weights, equipment, tire pressure monitoring systems, valves, shop supplies and tools. MTS’s footprint spans the continental U.S., serving thousands of customers across the passenger and commercial automotive markets through four distribution centers.

Headquartered in Denver, Colorado, Lion is a lower middle-market private equity investment firm with over $170 million of assets under management.

On August 18, 2026, KeyBanc Capital Markets (KBCM) successfully advised Safe-Way Garage Doors LLC (Safe-Way or the Company), a portfolio company of CW Industrial Partners (CW), on its sale to Point 41 Capital Partners (Point 41). KBCM was chosen to serve as Exclusive Sell-Side Advisor based on its industry-leading Building Products practice and proven M&A execution capabilities.

Headquartered in Warsaw, Indiana, Safe-Way is a leading manufacturer of residential and commercial garage doors serving professional dealers, installers and distributors across North America. The Company offers a comprehensive portfolio of garage door products designed to meet a broad range of performance, aesthetic and end-market requirements. Safe-Way is recognized for its reputation for product quality, customer service and operational reliability, supported by a strategically located manufacturing footprint, long-standing customer relationships and industry-leading delivery performance.

CW is a Cleveland, Ohio-based private equity firm focused on middle-market industrial businesses that manufacture or service engineered products, components and equipment. With more than 20 years of experience, the firm partners with entrepreneurs, families and executives to drive long-term value creation.

Point 41 Capital Partners is a middle-market private equity firm that partners with management teams in the specialty industrials and services sectors and invests in North American-based companies with an enterprise value between $50 million and $350 million. Point 41's ideology is built upon four key principles — team, expertise, execution, and integrity — that guide the firm’s investment philosophy. In alignment with management teams, Point 41 offers 40 years of deep sector expertise and a proven approach to driving transformational growth.

On July 31, 2026, KeyBanc Capital Markets (KBCM) successfully advised Bearing Distributors, Inc. (BDI or the Company) on a strategic growth investment from Kelso & Company (Kelso). KBCM served as Exclusive Financial Advisor to BDI on the transaction.

KBCM’s advisory relationship with BDI, and its CEO and controlling shareholder, spans over 25 years. Accordingly, KBCM ran a high-touch process to drive a compelling outcome, while allowing the CEO and his team to align with a preferred partner with a shared vision for the Company. This partnership provides BDI with enhanced access to capital and operational resources to accelerate organic and inorganic growth. KBCM was selected based on its decades-long relationship with BDI, commitment to identifying attractive partnerships for founder- and family-owned businesses, industry-leading specialty distribution investment banking practice, access to like-minded potential investors, and proven M&A execution capabilities.

BDI is a leading distributor of bearings, power transmission and fluid power products, and related industrial solutions, serving a broad and diversified customer base across end markets in 11 countries. Led by its CEO, Carl James, BDI is headquartered in Cleveland, Ohio, with over 205 locations globally. The Company has built a strong reputation for technical expertise, deep supplier relationships, and a solutions-and-productivity service model that has made it a trusted partner to its customers.

Kelso is a North American-focused middle-market private equity firm founded on the principles of partnership and alignment of interest championed by Louis Kelso, the inventor of the Employee Stock Ownership Plan (ESOP). Kelso’s unique history drives a deep commitment to aligning the interests between the firm’s partners, management teams, strategic partners, and limited partners. Since 1980, Kelso has invested approximately $20 billion of equity capital in over 140 transactions. Kelso benefits from a successful investment track record, deep sector expertise, long-tenured investment team, and reputation as a preferred partner to management teams and corporates.

On July 1, 2026, KeyBanc Capital Markets served as Joint Bookrunner on Forgent Power Solutions, Inc.’s (Forgent) $2.5 billion Follow-On Offering of 50,197,500 shares, including overallotment.

Forgent is a provider of engineered protection and control equipment used in data centers, the power grid, and energy-intensive industrial facilities. Major product categories of electrical distribution equipment that Forgent sells include electrical houses, substation enclosures, generator connection cabinets, power skids, automatic transfer switches, dry type transformers, remote power panels, switchboards, and switchgear.

On June 25, 2026, KeyBanc Capital Markets (KBCM) successfully closed on the syndication of a $1.2 billion Asset-Based Revolving Credit Facility inclusive of a $650 million committed accordion, a $700 million Senior Secured Term Loan B, and the offering of $700 million of Senior Secured Notes in support of Worthington Steel Inc.’s (Worthington Steel or the Company) acquisition of Kloeckner & Co SE (Kloeckner). Proceeds will be used to fund the acquisition, refinance existing indebtedness, and pay transaction-related fees and expenses. KBCM acted as Joint Lead Arranger and Joint Bookrunner on the transaction.

Founded in 1955 and headquartered in Columbus, Ohio, Worthington Steel is one of North America’s premier value-added metals processors, with a diversified range of highly technical products and services including carbon flat-rolled steel processing, toll processing, electrical steel laminations, and tailor welded products. Worthington Steel partners with customers across diverse end markets, including automotive, construction, infrastructure, sustainable energy, machinery, and equipment. The Company maintains a broad geographic footprint, operating 37 manufacturing facilities across North America, Europe, and Asia, and employing ~6,000 globally.

Founded in 1906 and headquartered in Düsseldorf, Germany, Kloeckner is a leading global distributor and service center for steel and metal products. Kloeckner partners with customers across end markets including construction, automotive, energy, and general manufacturing, delivering value-added services such as warehousing, processing, and supply chain management. Kloeckner operates 110+ distribution and processing facilities across North America and Europe and has ~6,100 employees globally.

On May 28, 2026, KeyBanc Capital Markets served as Joint Bookrunner on Forgent Power Solutions, Inc.’s (Forgent) $2.3 billion Follow-On Offering of 48,622,000 shares, including overallotment.

Forgent is a provider of engineered protection and control equipment used in data centers, the power grid, and energy-intensive industrial facilities. Major product categories of electrical distribution equipment that Forgent sells include electrical houses, substation enclosures, generator connection cabinets, power skids, automatic transfer switches, dry type transformers, remote power panels, switchboards, and switchgear.

On March 30, 2026, KeyBanc Capital Markets served as Joint Bookrunner on Forgent Power Solutions, Inc.’s (Forgent) $1 billion Follow-On Offering of 34,500,000 shares, including overallotment.

Forgent is a provider of engineered protection and control equipment used in data centers, the power grid, and energy-intensive industrial facilities. Major product categories of electrical distribution equipment that Forgent sells include electrical houses, substation enclosures, generator connection cabinets, power skids, automatic transfer switches, dry type transformers, remote power panels, switchboards, and switchgear.

On March 20, 2026, KeyBanc Capital Markets (KBCM) successfully advised ADB Companies, LLC (ADB or the Company), a portfolio company of Warren Equity Partners (WEP or the Sponsor), on an undisclosed amount in Senior Secured Credit Facilities (the Credit Facilities). Proceeds will be used to repay existing indebtedness, support ongoing working capital, and pay transaction-related fees & expenses. KBCM was chosen to serve as Exclusive Debt Advisor due to our strong relationship with the Sponsor and Company, leading leveraged finance capabilities, and industry expertise.

ADB is a leading turnkey provider of underground and aerial infrastructure services for the digital infrastructure, data center, and power sectors. The Company specializes in designing, installing, and maintaining fiber-optic networks, wireless cell towers, electrical power lines, and data hardware, delivering comprehensive solutions across wireline, wireless, technology, and engineering segments. ADB operates 35 locations across 17 states, offering a nationwide presence for its suite of capabilities.

Warren Equity Partners is a private equity firm investing in companies that provide mission-critical products and services into infrastructure end markets. Target sectors include power & utilities, waste, water & wastewater, digital infrastructure, transportation, buildings & facilities, and environmental, health & safety. WEP drives business improvement and value creation initiatives with a dedicated operations team whose domain knowledge and deep experience help management teams transform their businesses into leading enterprises.

On March 4, 2026, KeyBanc Capital Markets (KBCM) advised Pacific Avenue Capital Partners, LLC (Pacific Avenue) on its acquisition of Stuart Rush (the Company), formerly known as the Power Chain Hoist & Chain Manufacturing business of Columbus McKinnon Corporation. KBCM was selected to serve as Exclusive Buy-Side Advisor based on its industry-leading Diversified Industrials & Manufacturing investment banking practice, long-standing relationship with Pacific Avenue and deep sector expertise.

Pacific Avenue Capital Partners is a global private equity firm, headquartered in Los Angeles with an office in Paris, France. The firm is focused on corporate divestitures and other complex situations in the middle market. Pacific Avenue has extensive M&A and operations experience, allowing the firm to navigate complex transactions and unlock value through operational improvement, capital investment and accelerated growth. Pacific Avenue takes a collaborative approach in partnering with strong management teams to drive lasting and strategic change while assisting businesses in reaching their full potential. Pacific Avenue has more than $3.7 billion of Assets Under Management (AUM) as of December 31, 2025. The members of the Pacific Avenue team have closed over 120 transactions, including over 50 corporate divestitures, across a multitude of industries throughout their combined careers. For more information, please visit www.pacificavenuecapital.com.

Stuart Rush is a leading designer and manufacturer of electric, air, battery-powered, and manual chain hoists, trolleys and related aftermarket parts and components. The Company encompasses a portfolio of highly regarded brands including Lodestar^® and Lodestar ET^™, Budgit^®, Chester^®, Coffing^®, Cyclone^®, CM Puller^®, Powerstar^®, Prostar^®, Valustar^®, Shopstar^®, ShopAir^™ and the innovative BatteryStar^®, with strong positions across industrial, construction, defense and entertainment end markets. The Company operates a primary manufacturing and engineering facility in Damascus, Virginia, a vertically integrated chain manufacturing facility in Lexington, Tennessee, a leased training and production facility in Rock Lititz, Tennessee and will be opening a new facility near Chester in the U.K.

Columbus McKinnon (NASDAQ:CMCO) is a global designer and manufacturer of intelligent motion solutions that efficiently, safely and ergonomically move, lift, position and secure materials across commercial and industrial applications. Key products include hoists, crane components, precision conveyor systems, rigging tools, light rail workstations and digital power & motion control systems.

On February 13, 2026, Olympic Steel, Inc. (Olympic Steel or the Company) and Ryerson Holding Corporation (Ryerson) announced that they have completed their all-stock merger. KeyBanc Capital Markets (KBCM) served as lead Financial Advisor and provided a Fairness Opinion on the transaction.

KBCM was selected to serve as Olympic Steel's lLead Financial Advisor and Fairness Opinion Provider based on the group's deep industry expertise in metals distribution and processing, extensive transaction expertise in complex mergers and acquisitions and a decades-long partnership with the Company.

Founded in 1954, Olympic Steel is a leading U.S. metals service center focused on the direct sale and value-added processing of carbon and coated sheet, plate and coil steel products; stainless steel sheet, plate, bar, and coil; aluminum sheet, plate, and coil; pipe, tube, bar, valves, and fittings; tin plate and metal-intensive end-use products, including stainless steel bollards; commercial, residential, and industrial venting and air filtration systems; Wright® brand self-dumping hoppers; and metal canopy components. Headquartered in Cleveland, Ohio, Olympic Steel operates from 53 facilities.

Founded in 1842, Ryerson Holding Corporation (NYSE: RYI) is a leading value-added processor and distributor of industrial metals. The company offers a broad portfolio of carbon and stainless steel, aluminum, and alloy products, along with extensive metal processing capabilities, including cutting, forming, machining, and fabrication. Ryerson has ~4,300 employees and ~110 locations across North America, Mexico, and China, serving a diverse customer base in industries such as heavy equipment, industrial machinery, and energy.

On February 4, 2026, KeyBanc Capital Markets served as Joint Bookrunner on Forgent Power Solutions, Inc.’s (Forgent) $1.74 billion Initial Public Offering of 64,400,000 shares, including overallotment.

Forgent is a provider of engineered protection and control equipment used in data centers, the power grid, and energy-intensive industrial facilities. Major product categories of electrical distribution equipment that Forgent sells include electrical houses, substation enclosures, generator connection cabinets, power skids, automatic transfer switches, dry type transformers, remote power panels, switchboards, and switchgear.

On December 30, 2025, KeyBanc Capital Markets (KBCM) and the KeyBank Beach Point Direct Lending Program (the Unitranche Fund) successfully closed on Senior Secured Credit Facilities (the Credit Facilities) in support of JLL Partners, LLC’s acquisition of PowerParts Group (the Company). The Credit Facilities consisted of a Revolving Credit Facility and a Unitranche Term loan. KBCM and the Unitranche Fund were chosen to serve as the Sole Provider of the Credit Facilities due to our Unitranche financing capabilities, industry expertise, and long-standing relationship with JLL Partners.

PowerParts Group is an aftermarket provider of services and high-precision replacement parts supporting scheduled and emergency outages of large frame steam and gas turbines for the power generation industry. With facilities in Marion, Ohio and Greenville, South Carolina, the Company operates through two brands, STAR and Thor. STAR provides end-to-end manufacturing, engineering, and installation of custom-fit packing rings and seals used primarily in steam turbines. Thor manufactures and installs high precision cold-formed rotating hardware for gas turbines.

JLL Partners is a middle market private equity firm with over three decades of experience transforming businesses in the healthcare, industrials, and business services sectors. The firm is dedicated to partnering with companies that it believes it can help build into market leaders through a combination of strategic mergers and acquisitions, organic growth initiatives, and operational enhancements. The JLL Partners team is comprised of seasoned investment professionals and operating partners who are focused on driving long-term value creation across its portfolio. Since its founding in 1988, JLL Partners has invested approximately $8 billion of equity capital across nine private equity funds, with 61 platform investments and more than 190 add-on acquisitions.