Slate Capital Group announces the sale of its portfolio company, O'Donnell Metal Deck & Bar Joist (OMD) to Clarendon Capital.

Slate Capital Group partnered with management to acquire OMD in November 2020, following the planned retirement of founder Steve O'Donnell. During Slate's ownership, OMD transformed from a regional distributor into one of the nation's leading independent distributors of metal deck and steel bar joist products. The company achieved this growth through a combination of organic expansion, strategic acquisitions, and investments in operational infrastructure.

Under CEO Matt Weiss, OMD  grew from one to 21 locations, combining company-operated facilities and third-party logistics sites nationwide. The company increased its workforce from eight to approximately 70 and multiplied revenue more than tenfold during the investment period. The company expanded into new markets, completed strategic acquisitions, and built a scalable operating infrastructure positioned for continued growth.

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