Deloitte Corporate Finance (DCF) acted as exclusive financial advisor to South Carolina-based Consolidated Systems (CSi) in three recent sell-side transactions, including asset divestitures to Steel Dynamics, a metal coatings company and a large steel service center.

CSi closed the sale of its steel decking assets to Steel Dynamics on September 14, 2015. CSi’s satisfaction with that transaction led CSi to engage DCF for two additional transactions that both closed on December 15, 2015: the sale of coil coating and processing assets from CSi business unit Consolidated Metal Products to a metal coating company for operation as a toll processing facility and the sale of other assets to a steel service center and distributor expanding its business in the Southeast.

“Deloitte Corporate Finance did an excellent job of helping us navigate the complicated process of selling three groups of assets so quickly, with two of those deals closing simultaneously. We would not have been able to execute these transactions without the insight DCF was able to provide,” said Tony Hardwick, member of the board of directors at CSi.

“Working with CSi’s shareholders and board through each of these deals has been rewarding. Each buyer that acquired assets from CSi has a reputation for operational excellence and, through strong collaboration with CSi leaders, executed the deals well,” said Brad Winer, Industrials Group managing director at Deloitte Corporate Finance.

Columbia, SC-based Consolidated Systems provides steel fabrication and processing serving the construction and OEM markets and is a manufacturer and supplier of metal roof, floor and form deck systems for structural and architectural applications.

Steel Dynamics is a domestic steel producer and metals recycler with annual sales of $7.6 billion in 2015, approximately 7,500 employees and manufacturing facilities primarily located throughout the U.S.