January 18, 2017 3:43 PM ET

Diversified Financial Services

Company Overview of Steel Partners Holdings L.P.

Company Overview

Steel Partners Holdings L.P., through its subsidiaries, engages in industrial products, energy, defense, supply chain management and logistics, banking, food products and services, sports, training, education, and the entertainment and lifestyle businesses. It operates through Diversified Industrial, Energy, Financial Services, and Corporate and Other segments. The company fabricates precious metals and alloys into brazing alloys; manufactures seamless stainless steel tubing coils; offers supplies fasteners and fastening systems for the commercial low slope roofing industry; manufactures sheet and mechanically formed glass and aramid materials for specialty applications; and provides special...

590 Madison Avenue

32nd Floor

New York, NY 10022

United States

Founded in 1992

3,374 Employees

Phone:

212-520-2300

Fax:

212-520-2301

Key Executives for Steel Partners Holdings L.P.

Managing Partner of Steel Partners Holdings GP Inc, President of Steel Partners Holdings GP Inc and Director of Steel Partners Holdings GP Inc
Age: 54
Executive Chairman of Steel Partners Holdings GP Inc
Age: 51
Senior Vice President of Steel Partners Holdings GP Inc, General Counsel of Steel Partners Holdings GP Inc and Secretary of Steel Partners Holdings GP Inc
Age: 58
Total Annual Compensation: $645.5K
Compensation as of Fiscal Year 2015.

Steel Partners Holdings L.P. Key Developments

Steel Partners Holdings Declares Special One-Time Dividend, Payable on January 13, 2017

Steel Partners Holdings L.P. announced that its board of directors has declared a special, one-time cash dividend of $0.15 per unit, payable January 13, 2017, to unitholders of record as of January 3, 2017.

Steel Partners Holdings L.P. Reports Earnings Results for the Third Quarter and Nine Ended September 30, 2016

Steel Partners Holdings L.P. reported earnings results for the third quarter and nine ended September 30, 2016. For the quarter, the company reported revenues of $317.0 million, compared with $276.4 million for the same period of 2015. Income before taxes and equity method investments was $15.0 million, compared with $20.1 million in the same period of 2015. Net income attributable to the Company's common unitholders was $10.8 million, or $0.41 per basic and diluted common unit, compared with a net loss of $12.1 million, or $0.44 per basic and diluted common unit, for the same period in 2015. Net income from continuing operations was $13.07 million against $14.79 million a year ago. For the nine months, revenues were $845.8 million, compared with $742.6 million for the same period of 2015. Income before taxes and equity method investments was $41.0 million, compared with $51.6 million in the same period of 2015. Net income attributable to the Company's common unitholders was $22.0 million, or $0.83 per basic and diluted common unit, compared with $76.9 million, or $2.78 per basic and diluted common unit, for the same period in 2015. Net income from continuing operations was $25.27 million against $13.17 million a year ago.

Steel Partners Holdings L.P Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2016

Steel Partners Holdings L.P reported earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company's revenues were $281,568,000 compared to $251,654,000 a year ago. Income before taxes and equity method investments was $14,427,000 compared to $14,199,000 a year ago. Net income from continuing operations was $9,859,000 compared to $9,154,000 a year ago. Net income was $9,859,000 compared to $9,006,000 a year ago. Net income attributable to common unit holders was $9,209,000 compared to $10,579,000 a year ago. Net income per common unit basic and diluted was $0.35 compared to $0.38 per share diluted a year ago. For the six months, the company's revenues were $528,822,000 compared to $466,235,000 a year ago. Income before taxes and equity method investments was $25,944,000 compared to $31,465,000 a year ago. Net income from continuing operations was $12,203,000 compared to $27,961,000 a year ago. Net income was $12,203,000 compared to $114,784,000 a year ago. Net income attributable to common unit holders was $11,171,000 compared to $89,010,000 a year ago. Net income per common unit basic and diluted was $0.42 compared to $3.20 per share diluted a year ago.

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Recent Private Companies Transactions

Type
Date
Target
Buyback
December 13, 2016
--
Merger/Acquisition
December 7, 2016
Steel Excel Inc.
Buyback
June 14, 2016
--
 

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