BY LAUREN HAWKINS • DEC 10, 2020
Structural & Steel Products, whose innovative infrastructure projects include the Margaret Hunt Hill Bridge and the renovation of Texas A&M’s Kyle Field, will join Race Rock Group’s portfolio of companies.
Houston private investment firm Race Rock Group has acquired Structural & Steel Products, Inc. (SSP) for an undisclosed amount.
The Fort Worth-based organization is a portfolio company of Highland Capital Management in Dallas. Founded in 1969, SSP is a leading distributor and manufacturer of transportation, telecommunications, transmission, and utility infrastructure products.
While SSP may not be a household name to North Texans, its projects most certainly are. The Margaret Hunt Hill Bridge in Dallas, the renovation of Texas A&M University’s Kyle Field in College Station, and the Big Hoss Video Structure at the Texas Motor Speedway in Fort Worth are among its repertoire, just to name a few.
With many of SSP’s products being used for federal, DOT highway, and municipal projects, the company must maintain a high level of manufacturing. You may have even used an SSP product without knowing it, as the company also illuminates roads through its roadway lighting solutions.
Through this acquisition, SSP is expected to continue expanding its product and project portfolio.
“We see significant growth opportunities throughout the US transportation infrastructure market and look forward to finding ways to deploy SSP’s broad product portfolio to end markets throughout the country,” Donald Young, Managing Member of Race Rock, said in a statement.