JD Fields & Company Acquires Alameda Pipe & Steel Company

Holleway Capital Acquires Aladdin Steel

June 7, 2023

Industrial Services

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.

Field Industries Acquires RSD Supply, Inc.

May 15, 2023

Industrial Services

Field Industries, a Houston-based distributor of steel pipe flanges and fittings, acquired RSD Supply, Inc., a Houston-based stocking distributor of flanges, fittings, valves and related items. The transaction, advised by Generational Capital Markets, closed May 15, 2023 and is intended to expand Field Industries' product breadth, service capabilities and scale in petrochemical, oilfield and industrial markets.

Westbridge Capital Ltd. Acquires Federal Steel Supply (and Process Piping Materials)

April 25, 2023

Industrial Services

Westbridge Capital Ltd., a Canada-based private management company, has acquired Federal Steel Supply, LLC and its subsidiary Process Piping Materials from V&A Capital. The transaction creates a new platform in industrial piping distribution, combining multiple regional facilities and supporting continued organic and inorganic growth across industrial end markets.

Federal Steel Supply Acquires Process Piping Materials

November 7, 2021

Industrial Services

V&A Capital’s portfolio company Federal Steel Supply has acquired Process Piping Materials (PPM) from its original founders, who will remain involved in the business. The add-on expands FSS’s geographic footprint and product offering across industrial end-markets, with financing provided by Webster Business Credit Corporation.

BayView Industries Acquires Certain Assets of Alphi Manufacturing

April 18, 2019

Manufacturing

BayView Industries of Green Bay, Inc. acquired certain assets from Alphi Manufacturing LLC, a Jonesville, Michigan-based supplier of stainless and carbon steel tubing components and assemblies to tier‑1 automotive suppliers. The transaction, advised on by Angle Advisors for Alphi, transfers Alphi’s manufacturing capabilities (tube bending, fabrication, piercing, perforating and welding) and its 100,000-square-foot facility to BayView’s group of industrial subsidiaries.

Incline Equity Partners Partners with Industrial Air Flow Dynamics

August 9, 2022

Industrial Services

Pittsburgh-based private equity firm Incline Equity Partners has partnered with Industrial Air Flow Dynamics (IAFD), a Cleveland, Texas–based provider of non-turbine maintenance solutions and replacement parts for power plants. Incline will support IAFD’s growth plans—bolstering product and service offerings, expanding testing/inspection and specialty welding capabilities, and pursuing an acquisition strategy to expand service capabilities and geography.