News & Insights

Forbes Partners Advises R&M Steel on Sale to TDH Investments

by | Oct 28, 2026 | Industrials, Uncategorized

CENTENNIAL, CO – Forbes Partners announced today that it served as the exclusive financial advisor to R&M Steel, Inc. (“R&M” or the “Company”) in its sale to TDH Investments.  

Founded in 1969 and headquartered in Caldwell, Idaho, R&M is a manufacturer of custom pre-engineered metal building systems and related hardware components. Led by Rob Roberts for more than five decades, the Company serves customers nationwide across a broad range of end markets, including aviation, agriculture, commercial storage, industrial, and education. R&M has developed a reputation for delivering high-quality, customized building solutions tailored to its customers’ specific needs. 

“It was a privilege to advise R&M Steel through this transaction. Rob and his team have built an exceptional business with a longstanding reputation for quality, customer service, and operational excellence. R&M’s success is a testament to the depth and experience of its management and operations teams, as well as their commitment to delivering tailored solutions and lasting value to customers,” said Garit Lawson, Managing Director at Forbes Partners. 

“R&M has built an impressive legacy over more than five decades, and we believe TDH Investments is an excellent partner to support the Company’s next phase of growth. We look forward to seeing R&M build on its strong foundation while preserving the culture and continuing the legacy that Rob and his team have established,” said James Morgan, Managing Director at Forbes Partners. 

The full terms of the transaction were not publicly disclosed.  

 

About R&M Steel, Inc.  

In operation since 1969, R&M Steel is a prominent manufacturer of custom pre-engineered metal building systems. The Company provides a broad range of high-quality buildings, across end-markets including aviation, agriculture, commercial storage, industrial, education, and others. 

About TDH Investments   

TDH Investments is an Idaho-based family office.  

About Forbes Partners  

Forbes Partners is a premier middle-market investment bank providing mergers and acquisitions advisory, capital raising, and strategic advisory services. With a proven track record of executing complex transactions, Forbes Partners is dedicated to delivering exceptional outcomes for clients across a broad range of industries.  

Media Contacts:

Forbes Partners 

Email: garit.lawson@forbes-partners.com

Forbes Partners 

Email: james.morgan@forbes-partners.com