Generational Capital Markets (GCM), a member of FINRA/SIPC and a leading mergers and acquisitions consultant for privately held businesses, is pleased to announce the sale of MAK Steel Services, LLC, a structural steel fabricator and erector, and Trinity Steel Services, LLC, an AISC certified steel erection company serving commercial and industrial clients, to Crosstown Capital Partners. The acquisition closed August 3, 2026.

Headquartered in Seymour, Indiana, MAK Steel Services, LLC is a structural steel fabricator and erector serving projects throughout the Midwest. The company self-performs its fabrication work while also partnering with contracted fabricators as needed, giving clients flexibility across project size and scope. MAK’s capabilities include:

  • Structural steel fabrication

  • Steel erection, including heavy structural and miscellaneous steel

  • Custom metal products in carbon steel, stainless steel, and aluminum

  • Design, drafting, fabrication, and installation services

The company also operates an Ornamental Products Division, providing custom ornamental metalwork alongside its structural steel offerings. From common specified pieces to fully custom builds, MAK works across the full project lifecycle, from initial design through final installation.

Located in New Whiteland, Indiana, Trinity Steel Services, LLC is an AISC certified steel erector serving construction and industrial clients with a focus on safety and precision. The company erects structural and miscellaneous steel on commercial and industrial projects, working alongside general contractors and fabricators to bring building frameworks from delivery through final installation. Trinity Steel Services is an NCCER certified training institute, and its welders are AWS and advanced rigging trained, reflecting the company’s emphasis on skilled, safety focused crews.

Based in Columbus, Indiana, Crosstown Capital Partners is a private equity firm that makes majority control investments in essential, operationally independent service businesses across the Midwest and Southeast. Founded by former operators rather than career financiers, the firm takes a founder-friendly approach that lets sellers retain meaningful equity, stay involved with their team, and keep day-to-day operational control, while Crosstown provides capital, strategic support, and resources for growth. Crosstown looks for businesses with:

  • Recurring revenue through maintenance, inspection, or service contracts

  • Low capital expenditure requirements and strong cash conversion

  • Proven owner-operator management teams

  • Durable free cash flow through economic cycles

The firm’s sector focus spans essential service industries such as HVAC, electrical, fire protection, and industrial maintenance.

Generational Capital Market’s President and Supervising Principal, Brenen Hofstadter and his team, led by Senior Managing Director, M&A, Phil Pizzurro with the support of his Vice President successfully closed the deal. Senior Managing Director, DeWayne Nelon and Senior M&A Advisor, Ken Beckrich established the initial relationship with MAK Steel Services, LLC and Trinity Steel Services, LLC.

“We’re incredibly proud of what this team has built together. None of this happens without the employees who show up every day, the customers who put their trust in us, and the families who have supported us along the way. This partnership gives us the opportunity to keep building on that foundation, create more opportunities for our people, and take the company to the next level while staying true to the values and relationships that got us here.” said Kyle Elkins, President of MAK Steel Services, LLC and Trinity Steel Services, LLC.

“Kyle, Matt, Floyd, and the entire team have earned their reputation as the go-to steel contractor one job at a time. The steel shows up right and it goes up on schedule. We could not be more excited to partner with this team and support the growth plans they have for the business,” said Nick Likens, Managing Partner of Crosstown Capital Partners.

Ryan Binkley, CEO of Generational Group, added, “We congratulate everyone involved on this successful transaction. This partnership brings together shared goals and complementary strengths, creating a strong foundation for continued growth. We look forward to seeing the business build on this momentum and reach its long-term objectives.”

About Generational Capital Markets, Inc.

Generational Capital Markets, Inc. is a member of FINRA/SIPC. Generational Capital Markets is part of Generational Group, which is headquartered in Dallas, TX, and is a leading, award winning full-service M&A consulting firm. Generational Group has over 350 professionals across 17 offices in North America. The firm empowers business owners to unlock the full value of their companies through a comprehensive suite of services—including M&A advisory, exit planning education, business valuation, strategic growth advisory, wealth advisory, and digital solutions.

Celebrating its 21st year, Generational has successfully closed over 1,900 transactions and has ranked #1 or #2 in all LSEG league tables for deals valued between $25 million and $1 billion in 2024 and 2025.

The firm was named 2025 USA Investment Banking Firm of the Year by the Global M&A Network and recognized as Investment Banking Firm of the Year by The M&A Advisor in 2024 and 2025.

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