Crest Rock Partners Invests in Midalloy (Midwest Alloys & Technology & Midalloy Specialty Materials)

Peak Rock Capital Affiliate Acquires Rochester Midland Corporation

July 27, 2023

Manufacturing

An affiliate of Peak Rock Capital has signed a definitive agreement to acquire Rochester Midland Corporation, a 135-year-old specialty chemical supplier headquartered in Rochester, New York. Peak Rock will partner with the Calkins family and RMC management to accelerate growth, pursue complementary acquisitions, and expand the company’s production, geographic footprint, and service offerings.

Crest Rock Partners Invests in Specialty Pipe & Tube

January 9, 2024

Industrial Services

Crest Rock Partners, a Denver-based private equity firm, has made a control investment in Specialty Pipe & Tube (SPT), a value-added supplier of large-diameter, heavy-wall seamless pipe and tubing with locations in Mineral Ridge, Ohio and Houston, Texas. Crest Rock said it will partner with SPT's management to pursue growth opportunities, leveraging the company's broad inventory, technical expertise, and customer relationships.

Reliance, Inc. Acquires MidWest Materials, Inc.

April 2, 2024

Industrial Services

Reliance, Inc., a leading diversified metal solutions provider, has acquired MidWest Materials, a flat-rolled steel service center headquartered in Perry, Ohio. The transaction expands Reliance's North American service center footprint and capabilities in flat-rolled steel products sold into trailer manufacturing, agriculture, metal fabrication and building products markets.

Gemspring Capital Acquires Midland Industries

May 5, 2023

Industrial Services

Gemspring Capital Management affiliate has acquired Midland Industries, a Kansas City-based manufacturer and distributor of pipe, valve, and fitting products across North America. Existing investor Wynnchurch Capital sold a stake but retained a minority interest and coinvested alongside Gemspring; financial terms were not disclosed.

REalloys Acquires PMT Critical Metals

April 9, 2025

Manufacturing

REalloys Inc. acquired 100% of PMT Critical Metals Inc. in a share exchange that closed March 31, 2025, with the consideration representing approximately 14% of REalloys' outstanding common stock. The acquisition adds a 54,000-square-foot Euclid, Ohio facility, production equipment, IP, R&D and existing contracts for NdFeB magnet materials, strengthening REalloys' vertically integrated North American rare-earth-to-magnet supply chain for U.S. protected markets.

Ancor Capital Partners Invests in Mid-West Textile

May 9, 2022

Environmental Services

Ancor Capital Partners has entered a partnership with Mid-West Textile, a leading textile recycling, grading and resale business headquartered in El Paso, Texas. The transaction closed April 20, 2022 (terms undisclosed); Ironwood Capital provided subordinated debt financing and co-invested equity to support the deal. Mid-West plans to vertically integrate its supply chain by acquiring collection operations and expanding sales channels to scale its grading and export business.