Steel Partners Holdings L.P. (“Steel Partners”) has acquired PST Group, Inc. (“PST”). Located in Muskego, Wisconsin, United States, PST manufactures precision-engineered threaded components and custom ball screw assemblies, providing linear motion and power transmission solutions across a range of industries. PST is included in Steel Partner’s Diversified Industrial segment.
Steel Partners is a diversified global holding company that engages in multiple businesses through consolidated subsidiaries and other interests. Steel Partners operates through the following segments: Diversified Industrial, Energy, Financial Services and Corporate, and Other, which are managed separately and offer different products and service.
EC M&A acted as exclusive financial advisor to Steel Partners on this transaction.