TKO Miller Advises Midwest Stairs & Iron, Inc. on its Sale to R&B Wagner, Inc.

Posted February 3, 2025 in by Tammie Miller

TKO Miller, a leading middle market investment bank, today announced that Midwest Stairs & Iron, Inc. (“Midwest Iron” or “MWSI”), a nationally recognized manufacturer and fabricator of aluminum bolt-on balconies, steel stairs, railing systems, and other miscellaneous metal fabrications, has been acquired by R&B Wagner, Inc. (dba Wagner), a leading manufacturer and supplier of high-quality, architectural railings and metal fabrication solutions.

TKO Miller initiated the transaction and acted as the exclusive investment banking advisor for MWSI, working closely with the Company’s management team and owner throughout the sale process.

About MWSI

Founded in 2006, MWSI is a trusted industry leader specializing in the manufacturing and fabrication of both standardized and custom-designed steel and aluminum engineered solutions for industrial applications. Headquartered in Milwaukee, WI, MWSI serves key sectors such as multi-family residential, municipal, entertainment, education, and commercial, providing durable and aesthetically refined solutions tailored to each project’s needs. With a commitment to superior quality, installation efficiency, and customer satisfaction, MWSI remains at the forefront of metal fabrication, delivering products that enhance safety, functionality, and architectural appeal nationwide.

About Wagner

Founded in 1955, Wagner is a 100% employee-owned global supplier and reliable source for high-quality, code-compliant railing systems, custom metal manufacturing & fabrication services. Headquartered in Milwaukee, WI, Wagner is known for its niche focus and collaborative approach, which enables it to engineer high-quality, innovative systems based on customers’ needs.