12075 N. Corporate Parkway, Suite 120 | Mequon, WI 53092
[email protected]

Built on Trust. Defined by Results.

Deal Room
Deal Room

Tollefsen Steel & Fabrication

Our team advised Tollefsen Steel & Fabrication on its sale to Copper Truss Capital Partners, supporting the Company’s next stage of growth.

Tollefsen Steel & Fabrication

Transaction Details

Sell-Side Advisor

Year: 2025

Client: Tollefsen Steel & Fabrication

Industry: Industrials & Manufacturing

Hedquarters: Muskego, WI

Website: www.tollefsensteel.com

Overview

Completed by the Vantage Investment Banking team under a prior firm, Tollefsen Steel & Fabrication (“Tollefsen”), a structural steel fabricator and supplier of structural steel components, has been acquired by Copper Truss Capital Partners (“Copper Truss”).

About Tollefsen Steel & Fabrication

Founded in 2010, Tollefsen has emerged into a renowned brand within Southeastern Wisconsin for providing structural steel beams, steel columns, joists, and other reinforcements for the framework of various commercial buildings. In addition, the Company has strong, long-standing relationships with highly reputable home builders in Southeastern Wisconsin and surrounding areas, providing structural supports and wall braces to the residential market. Tollefsen has been trusted to provide structural steel solutions for distinguished brands such as ABB, Golden Pet Manufacturing, Green Bay Packaging, MGS Manufacturing, and Palermos.

About Copper Truss Capital Partners

Headquartered in Milwaukee, WI, Copper Truss is a lower middle market private equity firm focusing investments on Midwestern businesses in the specialized industrials, engineered consumer products, and value-added services markets. Copper Truss promotes a partnership-first mentality in their portfolio companies, focusing on empowering businesses to grow strategically while preserving the existing culture and investing in the people and communities they serve.

Deal Team

Vantage Investment Banking
Mike Burmesch

Mike Burmesch

Partner
Alex Penkwitz

Alex Penkwitz

Vice President
Eli Buczek

Eli Buczek

Analyst

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Built On Trust. Defined By Results.

We specialize in investment banking for privately held businesses, offering expert guidance and fresh perspectives. Contact us to learn more and explore your options.

Address
12075 N. Corporate Parkway, Suite 120 
Mequon, WI 53092
Get In Touch
[email protected]
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Mike Burmesch

Partner & Co-Founder

262-483-6014

[email protected]

Biography

With over a decade of middle market investment banking experience, Mike brings extensive transactional and advisory expertise to the team. He has advised on more than 40 M&A, Debt Placement, and Capital Raising transactions spanning the industrials & manufacturing, business services, technology & IT services, consumer products, and food & beverage industries.

In his role, Mike provides senior-level leadership across all aspects of transaction strategy and execution. He is actively involved in shaping go-to-market strategies, advising clients on valuation and deal structure, and leading negotiations with buyers, investors, and other counterparties. Mike oversees the development of marketing materials, manages buyer and lender engagement strategies, and guides clients through complex diligence and closing processes. His breadth of experience and strategic perspective allow him to provide clear, thoughtful advice to business owners and management teams, helping them navigate significant financial and strategic events with confidence.

Prior to entering investment banking, Mike worked as a Senior Accountant with Baker Tilly. Mike holds a BBA in accounting from St. Norbert College and is a licensed CPA.

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Alex Penkwitz

Vice President & Co-Founder

262-339-8772

[email protected]

Biography

Working in the middle market investment banking industry since 2020, Alex is responsible for leading the day-to-day execution of M&A transactions for the Vantage Investment Banking team. His responsibilities span all phases of the transaction process, including financial modeling and valuation analysis, preparation of marketing materials, buyer and investor outreach, and coordination of due diligence activities. He plays a central role in managing timelines, facilitating communication between clients and counterparties, and supporting negotiations to ensure smooth execution.

Alex has advised on more than 25 M&A, Debt Placement, and Capital Raising transactions across multiple industries, including industrials & manufacturing, business services, technology & IT services, consumer products, and food & beverage. His experience working with both privately held businesses and institutional investors gives him a well-rounded perspective on the strategic, operational, and financial considerations that drive successful outcomes.

Alex holds a BBA in finance from Marquette University, centering his education around investments and participating in the Accelerating Ingenuity in Markets (AIM) Program. 

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Eli Buczek

Senior Analyst

[email protected]

414-828-6780

Biography

As an Analyst, Eli plays a key role in supporting the senior team throughout all stages of client engagements. His responsibilities include conducting in-depth financial analysis, developing valuation models, preparing presentation materials, and assisting in the coordination of due diligence efforts. Eli works hand-in-hand with senior members of the team to help manage transaction workstreams, maintain communication with counterparties, and ensure that key deliverables are executed accurately and on schedule.

Eli earned a BBA from the University of Wisconsin-La Crosse concentrating his education around corporate finance.

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