Applied Value Group Announces the Sale of Platform Investment, Division 5, to Rodgers Metal Craft
6.6.2024 19:58:00 CEST | Business Wire | Press Release
Applied Value Group (“AVG”), a leading investment, management consulting, and social impact group, announced that its platform investment, Division 5 LLC (“Division 5”), has been acquired by Rodgers Metal Craft, Inc. (“Rodgers”).
Headquartered in Winston, GA, Division 5 is a fully integrated structural and miscellaneous steel fabricator with national reach. Founded by Bryan Hill and Rhonda Wylie in 2001, Division 5 has become a leader through its commitment to on-time delivery and superior quality. Clients across multiple industries depend on Division 5 to build critical supply chain, data center and public infrastructure.
After purchasing Division 5 in 2018, AVG partnered with the management team to transform Division 5 into one of the largest structural and miscellaneous steel fabricators in the Southeastern United States. In 2020, Division 5 completed its acquisition of Structural Steel of Carolina (“SSC”), cementing its position as a leader in the region.
Division 5’s management team will retain ownership in the company and looks forward to supporting Rodgers in continuing to build a leading, world-class structural and miscellaneous steel fabricator. Together, Rodgers and Division 5 will combine for 600,000+ square feet of production space, enabling the company to handle single jobs of up to 30,000 tons.
Bryan Hill, CEO of Division 5, said, “The combination of Division 5 with Rodgers marks the culmination of a successful six-year journey with AVG. Our acquisition of SSC expanded our geographical reach, and we invested in our manufacturing capabilities to enable the continued evolution of our best-in-class production systems and customer service. We look forward to continuing to serve our longstanding customers on nationwide projects with our improved capabilities.”
Rhonda Wylie, Division 5’s CFO, expressed her appreciation for the partnership between Division 5 and AVG, “With AVG’s hands-on strategic and operational support, and through close collaboration with AVG’s management consultancy, we have been able to grow Division 5 profitably to become a leading player in structural and miscellaneous steel fabrication. We thank AVG for their partnership on this journey.”
"We are thrilled to have found a great partner for Division 5 in Rodgers," said Bruce Grant, Executive Chairman of AVG. "This transaction aligns with our strategic focus on investing in and developing companies with our Lean Growth framework to deliver exceptional value.” Maximillian Sultan, a Partner with AVG, added “We thank Bryan, Rhonda, and the rest of the Division 5 team for their partnership over the years and wish them the best in their next phase of growth.” Ryan Huff, Applied Value's Consulting CEO, commented, “Rodgers shares Division 5’s dedication to quality and innovation, and we believe they are well-positioned to reach new heights together."
Truist Securities served as exclusive financial advisor to Division 5 and AVG. Terms of the transaction were not disclosed.
About Applied Value Group: Founded in 1997 by Executive Chairman Bruce Grant, Applied Value Group is a global investment, management consulting, and social impact group. With decades of experience growing and transforming organizations through hands-on value creation, Applied Value Group companies leverage group consulting resources to accelerate growth and implement operational improvements. Applied Value Group has made more than 50 total investments across industries, and has offices in New York, Miami, Stockholm, and Shanghai.
About Division 5 LLC: Division 5 is a full-service structural and miscellaneous steel fabricator based in Winston, GA. Founded in 2001, Division 5 has five manufacturing plants totaling 350,000 square feet. Division 5 can fabricate 50,000 tons of steel per year across its facilities. Division 5 is an established supplier nationally for all types of buildings, ranging from warehouses to refrigerated distribution centers, manufacturing plants, schools and public buildings, data centers, and more.
About Rodgers Metal Craft, Inc.: Headquartered in Fortson, GA, Rodgers is a family-owned and operated heavy structural and miscellaneous steel fabricator with project experience in 46 states, including Puerto Rico. Rodgers partners with an established general contractor network that leads large-scale construction projects across both public and private markets, including education, distribution centers, and industrial facilities. Founded in 1969, Rodgers has the capacity to fabricate 61,000 tons per year across 305,000 square feet of production space.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240606230353/en/
Contact information
John Catapano
Email: john.catapano@appliedvalue.com
Phone: +1 978 430 9761
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Enry’s Island Unveils “Enry’s Island Adventures”: Venture Capital Becomes a Videogame and Launches the “Strap” Movement on Kickstarter3.4.2026 09:47:00 CEST | Press Release
Enry’s Island SpA (WBAG: EIOS), the world’s first publicly traded Venture Builder, today announced the upcoming Kickstarter launch of Enry’s Island Adventures (EIA), developed by its New York-based portfolio company, Enry’s Island Adventures LLC. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260402548535/en/ The game is designed to make venture capital accessible to new generations, transforming startup creation into an engaging and social gaming experience. After three years of R&D, EIA introduces a "bleisure" model (business + leisure): players learn to launch and manage startups through gameplay that includes real business KPIs, a customizable and evolving personal island, synchronous and asynchronous multiplayer modes, social events, and community-driven seasonal missions. The “VC revolution”: teaching and democratizing through play "I agree with Elon Musk that the best way to teach is through a video game, and this is
SES Announces Results of the Annual General Meeting2.4.2026 16:49:00 CEST | Press Release
SES (the “Company”) held the Annual General Meeting (“AGM”) of Shareholders today in Betzdorf, Luxembourg. Following the recommendations made by the Board of Directors of SES, the shareholders have voted in favor of all resolutions, including the Company’s 2025 annual accounts and the proposed annual dividend of EUR 0.50 per A-share (EUR 0.20 per B-share). The total dividend amount comprises the interim dividend of EUR 0.25 per A-share (EUR 0.10 per B-share), which has already been paid to shareholders on October 16, 2025. The final dividend of EUR 0.25 per A-share (EUR 0.10 per B-share) will be paid to shareholders on April 16, 2026. “I would like to sincerely thank our shareholders for their active engagement, visionary support and continued confidence in SES’ strategy,” said Adel Al-Saleh, CEO of SES. “The outcomes of today’s AGM underscore our shared commitment to a bold multi-orbit approach, with Medium Earth Orbit as the strategic backbone of a dynamically evolving global interco
Forrester: Three Years Into GenAI, Enterprises Are Still Chasing Its True Transformative Value2.4.2026 16:00:00 CEST | Press Release
According to Forrester’s (Nasdaq: FORR) latest report, Accelerate Your AI Voyage, most enterprises are struggling to turn growing AI adoption and investment into measurable business impact. One of the key factors holding businesses back is low artificial intelligence quotient (AIQ) — Forrester’s measure of AI aptitude — with many employees lacking a clear understanding of how to use AI. Other barriers include an overemphasis on productivity-focused use cases, difficulty measuring impact, and siloed adoption within individual functions. While these challenges can leave firms frozen in doubt or indecision, the wait-and-see approach to AI adoption is no longer viable. To unlock AI’s full potential, organizations need to focus on four key areas: Define the business outcomes and success metrics for what they want AI to achieve; identify specific use cases for AI deployment aligned to those business outcomes; establish a structured runway to plan, test, and strategically time the deployment
Andersen Consulting Adds Multiplica2.4.2026 15:30:00 CEST | Press Release
Andersen Consulting enters into a Collaboration Agreement with Multiplica, a digital consulting firm that helps organizations design, build, and scale impactful digital experiences. Founded in Spain with a presence in Latin America and the U.S., Multiplica focuses on user research and discovery, customer experience research, digital strategy, data modeling and analysis, report automation and data visualization, conversion rate optimization, product design, and user experience design. The firm helps organizations accelerate digital transformation by building digital capabilities, teams, and assets that advance expertise across digital products, consulting, and talent development. Multiplica enables clients to forecast emerging trends in digital experience and transform their businesses through enhanced digital channels and customer engagement. “Collaborating with Andersen Consulting represents an exciting opportunity to extend our reach and impact,” said David Boronat, CEO of Multiplica
The LYCRA Company Announces Strategic Partnership on Renewable LYCRA ® Fiber2.4.2026 15:00:00 CEST | Press Release
The LYCRA Company, a global leader in innovative and sustainable fiber solutions for the apparel and personal care industries, today announced the signing of a strategic partnership agreement with Texhong International Group Limited (“Texhong”), one of the world’s largest suppliers of core-spun cotton textiles. Under the agreement, Texhong will exclusively partner with The LYCRA Company to bring Renewable LYCRA® fiber made with 30 percent plant-based content* to China’s core-spun yarn sector. This collaboration aims to accelerate the adoption of bio-derived spandex across the global apparel and textile industry. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260402505834/en/ The LYCRA Company announced a strategic partnership with Texhong International Group for renewable LYCRA® fiber. Pictured at the signing ceremony held in Shanghai (left to right): Jason Wang, Vice President, Asia, The LYCRA Company, and Zhou Xia, Chief O
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom