Reliance, Inc. Acquires MidWest Materials, Inc.

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.

Reliance Steel & Aluminum Co. Acquires Merfish United from One Equity Partners

August 4, 2021

Logistics & Distribution

Reliance Steel & Aluminum Co. has agreed to acquire Merfish United, a leading U.S. master distributor of tubular building products, from One Equity Partners. The deal expands Reliance's distribution footprint and product offering across pipe, tubing, plastic pipe and electrical conduit through Merfish's twelve U.S. distribution centers.

Reliance Steel & Aluminum Co. Acquires Cooksey Iron & Metal Co.

February 2, 2024

Industrial Services

Reliance Steel & Aluminum Co. has acquired all outstanding equity interests of Cooksey Iron & Metal Co., a metals service center headquartered in Tifton, Georgia. Cooksey (approximately $90 million in trailing annual net sales) will operate as a subsidiary of Metals USA, a wholly owned subsidiary of Reliance; terms were not disclosed.

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

September 20, 2023

Manufacturing

Denver-based private equity firm Crest Rock Partners has made a control investment in Midwest Alloys & Technology, Inc. and Midalloy Specialty Materials, LLC (together, Midalloy). The investment will provide capital and operating support to help the supplier of specialty alloy welding consumables and bar/wire rod products expand capabilities and execute its strategic growth plan while the founders remain invested.

Ryerson Holding Corporation Acquires Howard Precision Metals

September 1, 2022

Industrial Services

Ryerson Holding Corporation, a leading value-added processor and distributor of industrial metals, acquired Howard Precision Metals, a Milwaukee-based aluminum distributor specializing in precision-cut aluminum plate and extruded bar. The deal expands Ryerson’s non-ferrous processing capabilities and adds complementary value‑added services to its Midwest footprint.

AMMEGA Acquires Midwest Industrial Rubber (MIR)

February 4, 2020

Manufacturing

AMMEGA, a portfolio company of Partners Group, has completed the acquisition of Midwest Industrial Rubber, Inc. (MIR) from Incline Equity Partners. MIR, headquartered in St. Louis, Missouri, is a leading U.S. fabricator and distributor of lightweight conveyor belts with 29 locations and 24/7 break-and-fix service to more than 3,500 client installations; the deal expands AMMEGA's direct-to-customer channel and strengthens its Americas organization.