Alleghany Capital Acquires Majority Interest in W&W|AFCO Steel

Willkie represents Alleghany Capital Corporation in its investment in a major North American steel company.

On May 1, Willkie client Alleghany Capital Corporation announced that it had acquired a majority interest in WWSC Holdings, LLC (“W&W|AFCO Steel”), one of the largest structural steel fabrication and erection companies in North America.

Headquartered in Oklahoma City, W&W|AFCO provides fabricated steel through six facilities for use in large construction projects primarily in North America, including commercial, industrial, and public structures, as well as stadiums and bridges.

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 included associates Laura Acker and Angela Bueti (corporate). The team also included partner Anthony Carbone and associate Kapiljeet Dargan (tax), partner Mark Holdsworth and associate Ryan Stott (benefits), counsel William Thomas and associate Annise Maguire (environmental), partner Viktor Okasamaa (finance), counsel Jeffrey Clancy (insurance), associates Tim DeKeyser and Jake Moss (real estate), and associates Meghan Hungate and Preeta Reddy (IP).