Holley Steel, Inc. Sold to an Individual Investor

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.

Hoffman Consultants, LLC Sold to an Individual Investor

February 28, 2025

Engineering Services

Generational Group advised Hoffman Consultants, LLC, a Kentwood, Michigan-based structural engineering and detailing firm, on its sale to an individual investor. The transaction closed February 28, 2025; the buyer was not named in the announcement.

S&A Trombley Corp. dba LWI Metalworks Sold to Individual Investor

May 13, 2025

Manufacturing

Generational Group advised S&A Trombley Corp. (dba LWI Metalworks) on the sale of the family-owned metal fabrication business to an individual investor, with the transaction closing May 13, 2025. LWI Metalworks, based in Morristown, Virginia and family-owned since 1968, provides custom and structural metal fabrication services for local and regional construction and industrial projects.

Highland Roofing Company & Coastal Fabrication Sold to Private Investors

December 10, 2021

Construction

Highland Roofing Company and related sheet-metal business Coastal Fabrication, Inc., both headquartered in Wilmington, North Carolina, were sold to private investors in a transaction that closed on December 10, 2021. The buyer group was undisclosed; the seller engaged Generational Equity as M&A advisor to execute the sale to investors focused on maintaining employee culture and continuity.

Reliance Steel & Aluminum Co. Acquires American Alloy Steel, Inc.

February 14, 2024

Industrial Services

Reliance Steel & Aluminum Co. has entered into a definitive agreement to acquire all outstanding equity interests and related real estate assets of American Alloy Steel, Inc., a Houston-based distributor and fabricator of specialty carbon and alloy steel plate and round bar. The acquisition adds specialty plate and new fabrication/value-added processing capabilities to Reliance's portfolio; American Alloy reported approximately $310 million in sales for the 12 months ended Dec. 31, 2023.

Holleway Capital Partners Acquires Braner USA, Inc.

June 26, 2024

Manufacturing

Holleway Capital Partners led an investor group that acquired Braner USA, Inc., a Schiller Park, Illinois manufacturer of precision flat-rolled coil processing and automated coil handling systems. The transaction — which included co-investors Aldine Capital Partners, NewSpring Mezzanine Capital and Braner CEO Doug Matsunaga — was advised by Prairie Capital Advisors and was completed to provide liquidity and succession for Braner’s shareholders and to support future growth.