November 10, 2023: Georgia Metals, a leading value-added distributor of metal roofing and paneling products and a current portfolio company of Indianapolis-based private equity firm CID Capital (“CID”), announced that it has expanded into the Midwest with the acquisition of Mansea Metal, Inc.
The acquisition of Mansea Metal expands the Georgia Metals platform into three new states with the addition of Mansea’s four locations in Winchester, KY, Walton, KY, Mt. Zion, IL, and Dayton, OH. This was the third acquisition by Georgia Metals since partnering with CID in August of 2022, having previously acquired Upstate Metals in Anderson, SC, and Neal Strickland Roofing / Deep South Metals in East Palatka, FL.
“This acquisition adds a great, longstanding brand as we continue our efforts to expand throughout the Midwest and South," said Georgia Metals Founder & CEO Tripp Strickland. "The acquisition of Mansea Metal fits well with our long-term plan of strategic, profitable growth both organically and through M&A.”
About Georgia Metals
Headquartered in Danielsville, GA, Georgia Metals is a leading value-added distributor of high-quality metal panels used in roofing and other metal building applications. The Company also has locations in Florida, Illinois, Kentucky, Ohio and South Carolina.
About Mansea Metal
Founded in 2007, Mansea Metal provides high-quality metal roofing and siding solutions for residential, commercial, agricultural, and equestrian customers from its four Midwest locations.