I95 BUSINESS - OMD/MDD

MD-Based O’Donnell Metal Deck Acquires Metal Deck Direct 

November 14, 2023

Slate Capital Group Platform Company Continues National Growth by Adding the Industry Leader in Tennessee 

(Elkridge, MD) — O’Donnell Metal Deck is pleased to announce that it has acquired Metal Deck Direct (MDD), adding the metal deck distribution leader in Tennessee to its growing national footprint.

“On the heels of last month’s acquisition of Tombari Structural Products in the Pacific Northwest, this acquisition of Metal Deck Direct will further expand O’Donnell’s national presence,” said Rick Corcoran, Partner and Co-Founder, Slate Capital Group. “With its recent organic growth and strategic M&A partnerships, O’Donnell Metal Deck continues to strengthen its leadership in the industry.”

O’Donnell Metal Deck (OMD) is the premier independent distributor of metal deck and steel bar joist in the United States. OMD has major sites in Atlanta, Baltimore, Dallas, Pennsylvania, Phoenix, Spokane, and now Knoxville, TN. The company made a recent acquisition of Tombari Structural Products in October 2023 that extended its Pacific NW presence. 

Metal Deck Direct, based in Lenoir City, TN, just outside of Knoxville, distributes similar products, and boosts the geographic reach of O’Donnell Metal Deck. Together, the companies service steel fabricators and contractors throughout the country. MDD adds more sales and operations expertise and brings deep relationships in Tennessee and the Southeast and Mid-South regions.

Slate Capital Group, LLC partnered with management to acquire OMD in 2020 to support the company’s expansion strategy. 

Matt Weiss, CEO, O’Donnell Metal Deck stated, “As we continue to grow our business nationally, we are excited to join forces with Metal Deck Direct. We will now have a stronger presence in the Southeast and Midsouth regions, both of which are booming for our business. We are certain that our joint mission of providing quality service will seamlessly continue.”

“We are delighted to pass the torch to the folks at O’Donnell Metal Deck. When we thought about retirement, we wanted to know that our company and team would be in good hands,” shared Keith Urban, President, Metal Deck Direct. “O’Donnell and Slate Capital Group operate their businesses much like we did. They take care of their customers and employees. We’re feeling extremely confident in our new partners and can’t wait to see where the merged team takes the organization.”

“Matt Weiss, O’Donnell’s CEO, has a goal to become a world-class, high-touch national player in the deck and joist industry. He and his team are doing just that!,” added Corcoran. “This acquisition of MDD deepens our relationships in the region and adds to the impressive base our Atlanta office is building. We’re honored to partner with Keith and Karen Urban and their impressive team at MDD.”

Dentons, LLP served as legal advisor for O’Donnell Metal Deck. 

Elmore, Stone & Caffey, PLLC served as legal advisor for Metal Deck Direct.

About O’Donnell Metal Deck

O’Donnell Metal Deck is a value-added supplier and leading distributor of metal decking and steel bar joist for the commercial construction industry across the USA. Their multiple locations combined with our experience allows O’Donnell Metal Deck to service any job throughout the USA. Their process reduces the end-to-end logistics costs for delivering quality joist and deck products on time, anywhere in the country, regardless of your project requirements. https://odonnellmetaldeck.com.

About Metal Deck Direct

Metal Deck Direct (MDD) is a Lenoir City, TN based, value added material supplier of metal roof deck, form deck, and composite floor deck in a variety of lengths and gauges.

MDD ships its products throughout the United States and beyond. They offer both first quality, and secondary material.  They serve many different industries including general contractors, roofers, steel fabricators and others providing service and metal deck when contractors need it most. Founded and incorporated in 2010 by Keith and Karen Urban, the company has grown over the past 13 years into one of the largest Metal Deck companies in the Eastern United States. 

About Slate Capital Group

Slate Capital Group is a private equity investment group based in Baltimore, Nashville, and Cincinnati that partners with lower-middle market companies. Slate provides liquidity to business owners and growth capital to businesses for further expansion. The principals of Slate Capital Group have significant experience in both running small-to-mid-sized companies and investing in leveraged buyout transactions. The firm’s primary areas of focus include business services, distribution, and select light manufacturing investments. 

Slate Capital Group’s portfolio currently consists of businesses with nationwide offices including Cumberland Diversified Metals, Horizon Facilities Services, O’Donnell Metal Deck & Bar Joist, and Vertical Mechanical Group. Past investments have included AllTrust Networks, Broadcast Sports International, CoastTec, DoublePositive Marketing Group, eCoast Marketing, Let’s Dish!, Nova Technologies, Questar Assessment, Social Solutions, and White Distribution & Supply. For additional information, visit 

https://www.SlateCap.com

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