02/09/2018 | Press release | Distributed by Public on 02/09/2018 17:19
Willkie represented W&W|AFCO in the transaction.
Alleghany Capital Corporation, a subsidiary of Alleghany Corporation, announced that structural steel fabricator WWSC Holdings, LLC ('W&W|AFCO') has acquired Texas-based steel producer Hirschfeld Industries.
The acquisition will bring together two companies with long histories in the bridge and fabricated steel markets. W&W|AFCO Steel, based in Oklahoma City, Oklahoma is one of the largest and most experienced structural steel fabricators and erectors in the nation. Headquartered in San Angelo, Texas, Hirschfeld is a leading fabricator of steel bridges and structural steel for stadiums, airports, and other large commercial and industrial projects. Together, W&W|AFCO and Hirschfeld will have 14 production facilities, approximately 3.5 million square feet of manufacturing capacity, and a team of talented employees dedicated to executing demanding and complex projects.
Alleghany Capital Corporation sources, executes, and oversees certain investments and acquisitions for its parent company, Alleghany Corporation (NYSE-Y) whose investments include W&W|AFCO Steel.
Willkie Farr & Gallagher LLP acted as legal counsel to W&W|AFCO.
Alleghany Capital Corporation sources, executes, and oversees certain investments and acquisitions for its parent company, Alleghany Corporation (NYSE-Y).
The Willkie deal team was led by partners Steven Seidman and Danielle Scalzo and associate Laura Acker, and included partners Anthony Carbone, Viktor Okasmaa, Mark Holdsworth, Carly Glover Saviano and Wesley Powell; counsel William Thomas, Jonathan Konoff and Jeffrey Clancy; and associates Angela Bueti, Kapiljeet Dargan, Ryan Stott, Peter Coulson, Jacob Moss, Elana King, Annise Maguire, Matthew Makover, Max Goodman, Rohit Sengupta; and law clerk Augustine J. Donati.