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Generational Group Advises K & T Steel Corp. in its Sale to Keegan and Bart Graves

Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of K & T Steel Corp. to brothers Keegan and Bart Graves. The acquisition closed September 3, 2025.

Headquartered in Twin Falls, Idaho, K & T Steel Corp. will continue to operate under its established name and identity, carrying forward more than sixty years of experience providing structural steel, rebar, and custom storage tanks built from domestically sourced materials. Their AISC-certified team is known for precision, quality control, and dependable service that supports contractors, builders, and business owners across a wide range of projects. From structural beams and miscellaneous steel components to concrete reinforcement and tank fabrication, the company delivers versatile solutions tailored to each client’s needs.

Founded in 1959, K & T Steel has grown into a reliable partner for steel services throughout southern Idaho and beyond. The Graves brothers bring decades of experience in construction and fabrication. Keegan is also the owner of Capitol Steel Constructors, a Meridian-based firm specializing in steel erection and millwright services. That business will continue to operate separately.

Generational Group Executive Managing Director, M&A, Western Region – Lori Galloway, and her team led by Senior Managing Director, M&A, Fred Zweifel successfully closed the deal. Senior Managing Director, DeWayne Nelon and Senior M&A Advisor, Maria Sutej established the initial relationship with K & T Steel Corp.

Ryan Binkley, CEO of Generational Group, stated, “This transaction highlights our belief in partnerships that leave a lasting mark. Together, we are helping position K & T Steel for its next chapter, building on its strong legacy and long-standing reputation.”

About Generational Group

Generational Group, headquartered in Dallas, TX, is a leading, award winning full-service M&A advisory firm. Generational has over 300 professionals across 16 offices in North America. The firm empowers business owners to unlock the full value of their companies through a comprehensive suite of services—including strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.

Celebrating its 20th year, Generational has successfully closed over 1,700 transactions and has ranked #1 or #2 in all LSEG league tables for deals valued between $25 million and $1 billion in 2022, 2023, and 2024.

The firm was named 2024 USA Investment Banking Firm of the Year by the Global M&A Network and recognized as Investment Banking Firm of the Year by The M&A Advisor in both 2024 and 2022.

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