About Castle Metals
Castle Metals is a company based in Oak Brook (United States) founded in 1890, and was acquired by MiddleGround Capital in June 2023. Standard and specialty metals are supplied with supply chain solutions. Castle Metals has completed 2 acquisitions, including Transtar Holding and Tube Supply. Its chief executive, as recorded, is Steve Scheinkman. Its website castlemetals.com draws about 19 thousand monthly visits. Castle Metals offers products and services including Alloy Steel and Supply Chain Solutions. Its legal entity is A.M. Castle & Co.
Company details
Castle Metals was founded in 1890 and is headquartered in Oak Brook, United States. A broad range of standard and specialty metals is sourced and distributed to clients worldwide, addressing distribution, pricing, processing, and supply challenges. Processing capabilities including cutting, grinding, heat treating, testing, and machining are offered. Sectors served encompass aerospace, industrial, oil and gas, and machine shops, with custom processing options provided.
- Headquarters Oak Brook, United States
- Stage Acquired
- Email••••••••
- Phone•••• ••••
- Website castlemetals.com
- Social LinkedIn X Facebook YouTube
- Acquired by MiddleGround Capital (Jun 2023)
- Legal Name A.M. Castle & Co.
- InvestorsPNC
& 1 more
- Investments & AcquisitionsTranstar Holding
& 1 more
- Acquired byMiddleGround Capital
(Jun 2023)
Products & Services of Castle Metals
Castle Metals offers a comprehensive portfolio of products and services, including Alloy Steel and Supply Chain Solutions.
Alloy steel products are supplied for various industrial applications.
Supply chain solutions are provided to address distribution and processing challenges for metals.
Apps and channels of Castle Metals
its YouTube channel Castle Metals has 58 subscribers.
Funding Insights of Castle Metals
- Total Rounds 3
- First Round $2.93M
(Sep 2017)
- Investors Count 1
All 3 funding rounds of Castle Metals with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2020 | Post-IPO | – | – | – | |
| Jun 2018 | $25M | Debt – Conventional | – | – | |
| Sep 2017 | $2.93M | Post-IPO | – | – | – |
2 investors in total: 2 institutional.
Investors in Castle Metals
Castle Metals has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include PNC and MiddleGround Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Commercial banking and financing services are provided by PNC. | 1845 | pnc.com | Pittsburgh, United States | |
MiddleGround Capital is engaged in middle market private equity investments. | middleground.com | Lexington, United States |
Investor details for Castle Metals
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Castle Metals
9 people are tracked at Castle Metals (6 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Steve Scheinkman | CEO | Leadership |
Mark D. Zundel | EVP, Aerospace & Chief Supply Officer | Leadership |
Lily Framarin | VP, HR | Leadership |
Dan Stoettner | Chief Executive Officer | Leadership |
Edward Quinn | VP, Chief Accounting Officer & Controller | Leadership |
Dan Lewis | Chief Financial Officer | Leadership |
Damien Mancini | SVP, Aerospace | Team |
Kathleen Heraghty | Sales Specialist | Team |
James Joyce | EVP, Industrial | Team |
Complete people profiles for Castle Metals
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Castle Metals
Castle Metals has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Transtar Holding and Tube Supply.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Automotive powertrain components are supplied to OEMs and aftermarket. | transtarholding.com | Cuyahoga Falls, United States | 1975 | Mar 2015 | •••• | |
Provider of alloy, stainless, and carbon grades for oil and gas applications | tubesupply.com | Houston, United States | 2016 | Dec 2011 | $165M |
Complete acquisition details for Castle Metals
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- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Castle Metals
7 dated milestones of Castle Metals across 133 years, from founding to its latest funding, stage changes and deals.
- Founded Castle Metals is founded.
- Acquisition Acquires Tube Supply.
- Acquisition Acquires Transtar Holding.
- Funding First funding round of $2.9M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO,.
- Exit Acquired by MiddleGround Capital.
Web traffic of Castle Metals
The website of Castle Metals (castlemetals.com) receives about 18.6K visits a month.
- Monthly visits18.6K
▼ 10.1% vs previous month
Websites whose visitors overlap most with Castle Metals. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
eatonsteel.com | eatonsteel.com | 100% | #2,067,977 | – | |
capitalsteel.net | capitalsteel.net | 99% | #2,417,873 | – | |
| westyorkssteel.com | 98% | #1,617,249 | View details | ||
specializedmetals.com | specializedmetals.com | 97% | #12,431,599 | – | |
| tritonalloysinc.com | 96% | #4,357,166 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 30 similar websites and full traffic analytics for Castle Metals
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- 30 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Castle Metals
Castle Metals was founded in 1890 and raised its 1st funding round 127 years after it was founded.
Castle Metals is headquartered in Oak Brook, United States. It is registered at Oak Brook, Illinois, United States.
Steve Scheinkman is the CEO of Castle Metals, as recorded in our data.
Castle Metals was founded in 1890 and is headquartered in Oak Brook, United States. A broad range of standard and specialty metals is sourced and distributed to clients worldwide, addressing distribution, pricing, processing, and supply challenges. Processing capabilities including cutting, grinding, heat treating, testing, and machining are offered. Sectors served encompass aerospace, industrial, oil and gas, and machine shops, with custom processing options provided.
Castle Metals offers Alloy Steel and Supply Chain Solutions.
Castle Metals has made 2 acquisitions, including Transtar Holding, and Tube Supply.
Castle Metals has 2 investors. Key investors include PNC, and MiddleGround Capital.
Castle Metals operates through A.M. Castle & Co..
Yes. Castle Metals was acquired by MiddleGround Capital in June 2023.