Joseph T. Ryerson & Son, Inc.
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Joseph T. Ryerson & Son, Inc. - overview
Established
1842
Location
Chicago, IL, US
Primary Industry
Materials
About
Joseph T. Ryerson & Son, Inc. is a prominent online supplier specializing in the processing and distribution of a wide range of metal products, catering to various industries with precision and reliability. Founded in 1842 in Chicago, US, Joseph T.
Ryerson & Son, Inc. focuses on the distribution of metal products. The company underwent a public offering on May 11, 2022, raising USD 121. 00 mn.
Edward Lehner is the current CEO of the company. Ryerson specializes in the processing and distribution of various metal products, including steel, stainless steel, aluminum, tool steel, and alloys like brass, copper, and bronze. Their offerings serve multiple sectors such as construction, manufacturing, aerospace, and automotive, allowing clients to access high-quality materials tailored to their engineering specifications. In the most recent year, 2021, Ryerson reported a revenue of USD 5,675.
30 mn and an EBITDA of USD 601. 10 mn, generated primarily through B2B transactions with manufacturers and wholesalers requiring customized metal solutions. Following the recent IPO in May 2022, which raised USD 121. 00 mn, Ryerson plans to utilize these funds to execute its strategic plan and expand its business operations.
The company is focusing on launching new products and enhancing its capabilities in new markets, particularly targeting expansion into the aerospace and automotive sectors by 2023.
Current Investors
Platinum Equity
Primary Industry
Materials
Sub Industries
Steel & Metals, Metal Mining
Website
www.ryerson.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Joseph T. Ryerson & Son, Inc. - financials
| Fiscal Year Ended | Jan 01, 2007 | Jan 01, 2008 | Jan 01, 2009 | Jan 01, 2010 | Jan 01, 2011 | Jan 01, 2012 | Jan 01, 2013 | Jan 01, 2014 | Jan 01, 2015 | Jan 01, 2016 | Jan 01, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 6,234,000,000 | - | - | - | - | - | - | - | - | - | - | 4,408,400,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA (USD) | 248,000,000 | - | - | - | - | - | - | - | - | - | - | 192,100,000 | - | - | - |
| Operating Income (USD) | 11,000,000 | - | - | - | - | - | - | - | - | - | - | 139,200,000 | - | - | - |
| Operating Margin | 0.2% | - | - | - | - | - | - | - | - | - | - | 3.2% | - | - | - |
| % EBITDA Margin | 4.0% | - | - | - | - | - | - | - | - | - | - | 4.4% | - | - | - |
| NET Income (USD) | - | - | - | - | - | - | - | - | - | - | - | 106,400,000 | - | - | - |
| % Net Margin | - | - | - | - | - | - | - | - | - | - | - | 2.4% | - | - | - |
Joseph T. Ryerson & Son, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Hudson Tool Steel Corporation | - | ||||||||
| Add-on | Completed | BLP Holdings, LLC | - | ||||||||
| Add-on | Completed | Howard Precision Metals, Inc. | - | ||||||||
| Add-on | Completed | FreeFORM Technologies, Inc. | - | ||||||||
| Private Placement/Follow on | Completed | Joseph T. Ryerson & Son, Inc. | - |
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