Holleway Capital Acquires Aladdin Steel
June 7, 2023
Holleway Capital, a St. Louis-based private equity firm focused on Midwestern manufacturers and distributors, has acquired Aladdin Steel, a specialty carbon steel tubing and pipe distributor founded in 1976 and headquartered in Gillespie, Illinois. RKCA advised the sell-side; founder Gene Eschbacher, who became sole owner in 2009, was the selling party. The acquisition expands Holleway's exposure to regional industrial distribution and value‑added steel services.
- Buyers
- Holleway Capital
- Targets
- Aladdin Steel
- Sellers
- Gene Eschbacher
- Industry
- Industrial Services
- Location
- Illinois, United States
- Transaction Type
- Buyout
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