Ryerson Holding Corporation acquired TSA Processing, Inc. from Bill Tresten and Monte Sneed for $37.7 million.
November 31, 2023
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Ryerson Holding Corporation (NYSE:RYI) acquired TSA Processing, Inc. from Bill Tresten and Monte Sneed for $37.7 million on November 1, 2023. The total amount paid by JT Ryerson, net of cash acquired, for the acquisition amounted to $37.7 million. Walter Tomlinson, David Sargent, David Carrasco, Sarah Dibbern, and Nathan Hurst of Statesman Corporate Finance, LLC acted as financial advisor, Lawrence E. Wilson of Boyar & Miller acted as legal advisor and W. Clint Bennet, Jr. of Melton & Melton LLP acted as accountant to TSA Processing. Brock T. Niezgoda of Gray Reed & McGraw, P.C. acted as legal advisor to Ryerson Holding Corporation in the transaction.
Ryerson Holding Corporation (NYSE:RYI) completed the acquisition of TSA Processing, Inc. from Bill Tresten and Monte Sneed on November 1, 2023.
Ryerson Holding Corporation is a value-added processor and distributor of industrial metals, with operations in the United States, Canada, Mexico, and China. The Company carries a full line of carbon steel, stainless steel, alloy steels, and aluminum, and a limited line of nickel and red metals. These materials are stocked in a number of shapes, including coils, sheets, rounds, hexagons, square and flat bars, plates, structural, and tubing. The Company also provide a variety of processing services to meet its customerâ s needs. It also conducts metal processing and distribution operations in China. It has approximately 110 facilities in North America and four facilities in China. The Company offers various value-added processing and fabrication services, such as bending, beveling, blanking, blasting, burning, cutting-to length, drilling, embossing, flattening, forming, grinding, laser cutting, machining, notching, painting, perforating, polishing, punching, rolling, and sawing.
RYERSON HOLDING CORPORATION 
