PMCF Advises Flatiron Steel, Teton Steel, and Epic Steel in its Sale to Gibraltar Industries
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PMCF Investment Banking (“PMCF”) is pleased to announce it served as the exclusive investment banker to Flatiron Steel, Teton Steel, and Epic Steel (“Flatiron”, “Teton”, and “Epic” or the “Companies”) in its sale to Gibraltar Industries (“Gibraltar”).
Serving markets across the Rocky Mountain Region, Flatiron (Greeley and Colorado Springs, Colorado), Teton (Idaho Falls, Idaho), and Epic (Missoula, Montana) specialize in the manufacture and supply of high-quality metal roofing and siding materials. Teton Steel was founded in 1994 by David and Cathy Smith to address a need for custom-manufactured metal roofing and supplies produced to exacting standards. After David and Cathy’s son, Lee Smith, moved to Northern Colorado, he started Flatiron Steel in the summer of 2006 with the same intent. Epic Steel was founded by David and Cathy’s daughter, Tia Jennings, and her husband, Jonathan Jennings, in 2008, to address the market in Missoula, Montana.
Gibraltar is a leading manufacturer and provider of building products and services. It primarily serves customers in North America, providing products and services to renewable energy (solar), institutional and commercial agriculture, home improvement retail, wholesale, distribution, and contractor end-markets. Gibraltar is publicly traded on the Nasdaq (Symbol: ROCK) and is a component of the S&P SmallCap 600 and the Russell 2000® Index.
PMCF served as Flatiron, Teton, and Epic’s exclusive investment banker, managing the transaction process. President of Epic Steel, Tia Jennings, said, “We are deeply grateful to Jayson, Corey, & Jonah, and the rest of the PMCF team who stood by us throughout the sale of our family-owned businesses. From the very beginning, their professionalism, strategic insight, and dedication gave us the confidence to navigate this significant and emotional transition. We could not have gone through this process without them, and we will be forever grateful for their partnership.”
Jayson Gitt, Director of PMCF, added, “Over 30 years, the Smith and Jennings families successfully built three remarkable businesses—Flatiron Steel, Teton Steel, and Epic Steel. Each company has consistently delivered exceptional service to contractors, homeowners, and commercial and industrial building owners across distinct geographic markets. We are excited about their partnership with Gibraltar and confident that, together, they will accomplish far more than they could individually.”
The transaction closed in March 2025. MDH Law Group served as the legal advisor to the Company.
ABOUT PMCF
PMCF is a client-centric middle market investment bank providing merger and acquisition advisory services to private, public, and private equity-owned companies worldwide. We combine our expansive industry and transactional expertise with highly engaged senior-level bankers to create tailored solutions for all our clients. PMCF helps clients meet their sale, acquisition, financing, and strategic growth objectives through a broad range of services, including sale advisory, acquisition advisory, capital raising, transaction planning, and strategic advisory. We have dedicated professionals focused on key industry verticals including business & technology services, manufacturing, distribution, transportation & logistics, plastics & packaging, healthcare, and consumer & retail industries. Learn more about PMCF at www.pmcf.com.
