Headquartered in Mount Joy, PA, Greiner Industries is a leading structural steel fabrication and industrial services business in the Mid-Atlantic. The Company’s 450,000+ square feet of facility space and specialized equipment allow Greiner to perform highly differentiated, large-scale fabrication work for its customers across a wide breadth of end markets.
Founded in 1976, Frank Greiner started his welding business from his one-car garage. Over the next 47 years, he expanded his business capabilities, investing in new technology and machinery and building a team of 70+ field service employees. In 2023, Greiner’s revenue was approximately $58 million.
Mr. Greiner was looking for a succession plan and engaged SC&H Capital to help him explore a potential sale of the business. SC&H Capital worked with Mr. Greiner and his team to competitively position the Company and identify a motivated group of buyers to maximize valuation. Ultimately, Mr. Greiner chose IES Holdings (NASDAQ: IESC) – a publicly traded electrical design and installation company serving similar customers and end markets.
