SC&H Capital Advises Greiner Industries in Sale to IES Holdings

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.

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From the beginning, SC&H Capital had a clear vision of Greiner’s value proposition and understanding of our goals. The team ran an efficient M&A process tailored to our needs, and I could not be happier with the outcome of the transaction.

Frank Greiner


President & Owner


Greiner Industries

Transaction Leaders

Craig Bowden


Greg Hogan

Managing Director