Rsp logo
search
cart
facebook twitter linkedin youtube instagram Spotify Podcasts Apple Podcasts TikTok Spotify Podcasts Apple Podcasts TikTok
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Rsp logo
  • RSP HOME
  • NEWS
  • TOPICS
    • OPERATIONS
    • PROFILES
    • SALES & MARKETING
    • Workforce Development
  • MEDIA
    • PODCASTS
    • VIDEOS
  • EVENTS
  • DIRECTORY
    • DISTRIBUTERS
    • MANUFACTURERS | SUPPLIERS
  • ADVERTISE
    • Advertising Opportunities
    • Editorial Calendar
    • Contact Us
  • ROOFING CONTRACTOR
Metal RoofingRoofing NewsRoofing Supplier News

Mergers & Acquisitions

Slate Capital Group Sells O'Donnell Metal Deck & Bar Joist to Clarendon Capital

Under CEO Matt Weiss, OMD grew from one to 21 locations

By Roofing Contractor Staff
logo
O'Donnell Metal Deck
July 20, 2026

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

Slate Capital Group, based in Baltimore, Md., 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.

"O'Donnell Metal Deck founder and my mentor, Steve O'Donnell, built a strong business and our foundation in the industry," said Matt Weiss, CEO. "When he retired, I had a vision to grow the company, but I needed an experienced partner. Slate Capital Group believed in our goals from day one and supported us in building a leading nationwide distributor. I'm proud of our accomplishments and grateful for our partnership over the years."

"We met OMD at an ideal time in the company’s history," said Rick Corcoran, partner and co-founder of Slate Capital Group. "Steve built a great company, and Matt saw the opportunity to build upon it and create something much larger. Partnering with Matt and the team as they expanded and completed acquisitions was an honor. This investment reflects Slate's mission: partner with talented teams and support long-term growth. We're grateful for Steve and Matt's trust and excited for OMD’s future with Clarendon Capital."

Founder-owned businesses undergoing succession transitions remain a core focus for Slate Capital Group. The firm seeks to partner with management teams and business owners to preserve company legacies while providing the strategic and financial resources necessary to support long-term growth.

Raymond James served as financial advisor and Dentons LLP as legal counsel to Slate Capital Group and O'Donnell Metal Deck & Bar Joist.



 

KEYWORDS: mergers and acquisitions metal fabricating private equity steel

Share This Story

Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!

Rc initials

Roofing Contractor editor-compiled stories, staff reports and industry news releases.

To submit news or for corrections, contact Tanja Kern, Strategic Content Editor, at kernt@bnpmedia.com.

Recommended Content

JOIN TODAY
to unlock your recommendations.

Already have an account? Sign In

  • KEE membrane application on a roof

    A Beginner’s Guide to Single-Ply Roofing Membranes

    While PVC and TPO appear extremely similar, the chemistry...
    Low Slope Roofing
    By: Peter Gross
  • QXO TopBuild Graphic

    QXO’s $17B TopBuild Deal Expands Reach Across Roofing And Insulation

    Analysts say the acquisition expands QXO’s reach beyond...
    Roofing Supply Pro
    By: Tanja Kern
  • A couple stands facing a very nice home

    The Homeowner's Roofing Journey in 2026

    RC asked homeowners what their roofing journey was like,...
    Steep Slope Roofing
    By: Art Aisner
You must login or register in order to post a comment.

Report Abusive Comment

More Videos

Get Ahead of the Curve: Insights from Roofing Supply Experts

Podcast icon

Tune in to The Supply Side's roofing podcast and gain actionable insights from industry leaders. Learn the latest trends, best practices, and insider tips to help your roofing business thrive. Start listening today!

LISTEN NOW

Don't miss out! Stay connected with Roofing Supply Pro on LinkedIn for valuable industry news and networking opportunities.

linkedin-button

Related Articles

  • O’Donnell Metal Deck Buys Tombari Structural Products and Metal Deck Direct

    O’Donnell Metal Deck Acquires Tombari Structural Products and Metal Deck Direct

    See More
  • .C.T. Metal Deck Supply_Logo.jpg

    A.C.T. Metal Deck Supply Opens New Tennessee Location

    See More
  • .C.T. Metal Deck Supply_Logo.jpg

    A.C.T. Metal Deck Supply Opens Location in Orlando, Fla.

    See More

Related Products

See More Products
  • performance

    Performance-Based Building Design: From Below Grade to Floors, Walls, Roofs, and Windows to Finishes, 2nd Edition

See More Products
×

Be in the forefront of the roofing industry!

Join thousands of professionals today. Shouldn’t you know what they know?

JOIN NOW!
  • RESOURCES
    • Advertise
    • Contact Us
    • Directories
    • Store
    • Want More
  • SIGN UP TODAY
    • Create Account
    • eMagazine
    • Newsletters
    • Customer Service
    • Manage Preferences
  • SERVICES
    • Marketing Services
    • Reprints
    • Market Research
    • List Rental
    • Survey/Respondent Access
  • STAY CONNECTED
    • LinkedIn
    • Facebook
    • Instagram
    • TikTok
    • YouTube
    • X
  • PRIVACY
    • PRIVACY POLICY
    • TERMS & CONDITIONS
    • DO NOT SELL MY PERSONAL INFORMATION
    • PRIVACY REQUEST
    • ACCESSIBILITY

Copyright ©2026. All Rights Reserved BNP Media, Inc. and BNP Media II, LLC.

Design, CMS, Hosting & Web Development :: ePublishing