Steele Solutions Acquires Wisconsin Manufacturer Maysteel Industries

The acquisition extends Steele Solutions' ability into fast-growing data center infrastructures.

Apr. 8, 2026 at 11:55am

Got story updates? Submit your updates here. ›

Steele Solutions Inc., a leader in engineered solutions for the material handling industry, has acquired Maysteel Industries, a provider of engineered solutions for the data center and electrical markets. The move brings together two Wisconsin-based organizations with complementary capabilities and shared values rooted in craftsmanship and innovation. Together, the companies will be better positioned to support hyperscale data centers, general contractors, and installation partners with high-quality infrastructure solutions delivered on demanding timelines.

Why it matters

The acquisition aligns with Steele Solutions' strategy to extend into the data center infrastructure ecosystem by enhancing manufacturing capacity, engineering capabilities, and execution speed for complex projects. This combination enables the integrated organization to deliver more comprehensive solutions for data center environments.

The details

Both companies will continue operating with a focus on maintaining uninterrupted service for customers throughout the integration process. The partnership is a natural fit for Maysteel, as both organizations are built on engineering expertise, strong customer relationships, and a commitment to quality. By joining forces with Steele Solutions, Maysteel is able to expand its capabilities while continuing to deliver the precision and reliability its customers expect.

  • The acquisition was announced on April 8, 2026.

The players

Steele Solutions Inc.

A leader in engineered solutions for the material handling industry, including automation controls, electrical design, steel platforms, and chutes.

Maysteel Industries

A provider of engineered solutions for the data center and electrical markets.

Kevin O'Neill

CEO of Steele Solutions.

Kevin Matkin

CEO of Maysteel.

Got photos? Submit your photos here. ›

What they’re saying

“This partnership is the result of extensive diligence and thoughtful planning from both teams. We were deliberate about finding a partner whose people, values, capabilities, and approach mirror our own. Our top priority is ensuring our customers experience zero disruption. Maysteel has built an exceptional reputation for quality and reliability, and we're excited to welcome their talented team into the Steele Solutions family.”

— Kevin O'Neill, CEO of Steele Solutions

“This partnership is a natural fit for Maysteel. Both organizations are built on engineering expertise, strong customer relationships, and a commitment to quality. By joining forces with Steele Solutions, we're able to expand our capabilities while continuing to deliver the precision and reliability our customers expect.”

— Kevin Matkin, CEO of Maysteel

What’s next

The companies did not disclose the financial terms of the acquisition, but they stated that both organizations will continue operating with a focus on maintaining uninterrupted service for customers throughout the integration process.

The takeaway

This acquisition strengthens Steele Solutions' position in the data center infrastructure market by combining its expertise in engineered solutions with Maysteel's capabilities in the data center and electrical sectors. The partnership allows the integrated organization to deliver more comprehensive solutions to support the growing demand for data center infrastructure.