Investment Bankers to the Steel, Metals, and Mining Industries

Focused

We work exclusively in the steel, metals, and mining industries
Experienced

Established in 2016 by teammates who have been trusted industry advisors or industry executives for decades
Full-Service

We help our clients execute the full spectrum of transactions for which they seek investment bankers – mergers, acquisitions, debt and equity capital raises, restructuring, valuation, and other services
Quantitative

Our analytical rigor underpins every transaction
Tenacious

Our senior team members execute and oversee every aspect of our clients’ transactions ensuring our clients achieve the best possible outcome
Connected

We have long-term relationships with senior executives and investors throughout steel, metals, and mining industries
Trusted

Our clients rely on us to execute their most important strategic and financial initiatives

The Headwall Team

Peter J Scott

Managing Partner

Tom Danjczek

Senior Advisor

Matthew Sperling

Founder/Principal
RawlsOccam Insights

Robert Imershein

Managing Director
Chatham Financial

Aldo Mazzaferro

Senior Advisor

Bruce Hansen

Senior Advisor

Steve Strom

Managing Director
Odinbrook Global Advisors

Viktor Knurov

Associate

Industries We Serve

We focus exclusively on the steel, metals, and mining industries

Steel

• EAF Steel Mill

• Integrated Steel Mills

• Plate

• Bar

• Pipe & Tube

• Long Products

• Flat Rolled

• Ferroalloys

• Iron Ore

• Ferrous Scrap

• Non-Ferrous Scrap

• Rare Earth Elements

• Fertilizer

• Metals Service Centers

• High-Temp Alloys

• Tool Steels

• Specialty Metals

• Copper

• Brass

• Cold Finished Bar

• Coking Coal

• Thermal Coal

• Stainless Steel

• Electrical Steels

• Rebar Fabrication

• Structural Fabrication

• Steel Mill Services

• Slag Processing

• Rebar

• Steel • EAF Steel Mill • Integrated Steel Mills • Plate • Bar • Pipe & Tube • Long Products • Flat Rolled • Ferroalloys • Iron Ore • Ferrous Scrap • Non-Ferrous Scrap • Rare Earth Elements • Fertilizer • Metals Service Centers • High-Temp Alloys • Tool Steels • Specialty Metals • Copper • Brass • Cold Finished Bar • Coking Coal • Thermal Coal • Stainless Steel • Electrical Steels • Rebar Fabrication • Structural Fabrication • Steel Mill Services • Slag Processing • Rebar •

Aluminum

• Aluminum Extrusions

• Magnesium

• Molybdenum

• Graphite Electrodes

• Battery Materials

• Lithium

• Cobalt

• Uranium

• Graphite

• Metal Fabrication

• Precious Metals

• Platinum Group Metals

• Metals Recycling

• Gold

• Silver

• Manganese

• Ferro Moly

• Ferromanganese

• Ferrosilicon

• Die Casting

• Sand Casting

• Forging

• Carbon Steel

• Green Steel

• Cut To Length

• HBI

• Mining

• Industrial Services

• Aluminum • Aluminum Extrusions • Magnesium • Molybdenum • Graphite Electrodes • Battery Materials • Lithium • Cobalt • Uranium • Graphite • Metal Fabrication • Precious Metals • Platinum Group Metals • Metals Recycling • Gold • Silver • Manganese • Ferro Moly • Ferromanganese • Ferrosilicon • Die Casting • Sand Casting • Forging • Carbon Steel • Green Steel • Cut To Length • HBI • Mining • Industrial Services •

Our Services

Mergers & Acquisitions

Headwall provides comprehensive M&A advisory services to management teams, Boards, and Special Committees for all types of transactions including sell-side, buy-side, mergers, divestitures, spin-offs, LBOs/MBOs, and joint ventures. Headwall’s team has decades of M&A experience and has completed dozens of M&A transactions of all types for public and private companies.

Equity Capital Raises

Headwall helps new & existing businesses find the right equity partner(s), acting as agent to raise equity capital. We conduct equity placements, minority capital raises, and venture capital raises. Headwall maintains relationship with a large network of private equity funds, venture capital funds, family offices, and industry specific funds that invest in the metals and mining sector.

Restructuring

When companies face financial distress, liquidity constraints, or debt maturity pressure, Headwall provides a comprehensive suite of restructuring services to both debtors and creditors by combining Headwall’s industry expertise with the restructuring expertise of Headwall’s affiliate, Odinbrook Global Advisors. The services offered by the Headwall / Odinbrook team include strategic alternatives assessment, liability management, exchange offers, consent solicitations, in- and out-of-court restructurings, distressed asset sales, new money recaps, 363 sales, DIP financings, and more. Headwall also partners with Odinbrook to provide advice regarding acquisitions or divestitures of companies experiencing financial distress.

Debt Capital Raises

Acting as placement agent, Headwall arranges tailored debt capital solutions by structuring, marketing, negotiating and placing all types of customized debt capital including ABLs, cash flow loans, structured term loans, equity-linked securities, and bespoke solutions. Our clients benefit from our relationships with capital providers that understand and are comfortable with the metals and mining sector including commercial banks, direct lenders, credit funds, insurance funds, and family offices.

Capital Markets Advisory

For companies seeking debt capital from the leveraged loan or high yield markets, or companies contemplating an IPO, follow-on equity offering, convertible, block trade, share buyback or other equity-related transaction, our capital advisory advisory services put Headwall’s industry expertise and the capital markets expertise of our affiliates on your side of the table, giving you the experience and market knowledge necessary to effectively negotiate with banks, institutions, and investment banks. We provide our clients critical insights and advice regarding market access, key terms, underwriter fees, market protocols, covenant packages, and the like. Headwall provides its equity advisory services in conjunction with its affiliate, RawlsOccam Insights, and its debt advisory services in conjunction with its affiliate, Chatham Financial.

Why Headwall?

At Headwall Partners, we are:

Focused

We work exclusively in the steel, metals, and mining industries

Experienced

Established in 2016 by teammates who have been trusted industry advisors or industry executives for decades

Tenacious

Our senior team members execute and oversee every aspect of our clients’ transactions ensuring our clients achieve the best possible outcome

Full-service

We help our clients execute the full spectrum of transactions for which they seek investment bankers – mergers, acquisitions, debt and equity capital raises, restructuring, valuation, and other services

Quantitative

Our analytical rigor underpins every transaction

Trusted

Our clients rely on us to execute their most important strategic and financial initiatives

Connected

We have long-term relationships with senior executives and investors throughout steel, metals, and mining industries

Selected Transactions

Headwall and it’s team have completed more than 150 transactions totaling over $100 billion in aggregate value

View More Transactions

Testimonials

None of O’Neal Industries, Olympic Steel, Unity Aluminum, or Argand Partners, nor their affiliates, nor Messrs. O’Neal, Gill, Marabito, or Morgan, were compensated in connection with providing these statements.

Craft O’Neal

Chairman
O’Neal Industries

“We could not be happier with the services provided by Headwall Partners. The sale of O’Neal Flat Rolled Metals (“OFR”) was a large transaction for us, and we wanted to be 100% sure to get it right. We hired Headwall as our sell-side M&A advisor because we trust Peter and his partners — and we were not disappointed. The Headwall team managed every aspect of the sale process, start-to-finish, and we couldn’t be happier with the outcome. The sale provided O’Neal Industries with capital to redeploy in its core businesses while allowing OFR to be in the very capable hands of Norfolk Iron & Metal, a new owner with an outstanding culture and reputation.”

Richard Marabito

Chief Executive Officer
Olympic Steel

“It is truly remarkable what Headwall has accomplished. In late 2016, Peter had a vision of an independent investment banking firm focused on the steel & metals sector, and he launched Headwall with that strategy. In 2018, just its second full year, Headwall closed four transactions making it one of the leading advisors to the sector and Headwall's growth has continued through today. Further, Headwall has a wider impact than just transactions — Peter and the team are often speakers at industry conferences and comment on topics relevant to the steel and metals sector.”

Howard D. Morgan

Managing Partner & Co-Founder
Argand Partners

“In December 2018, Industrea Acquisition Corp., a portfolio company owned by Argand Partners, entered into a business combination with Concrete Pumping Holdings, Inc., one of the largest global providers of concrete pumping services for steel-reinforced concrete structures*, for $696 million. Headwall acted as our buy-side M&A advisor in connection with this transaction which was remarkably complicated with many varied sources of funding, public securities filings, a shareholder vote, and other complexities -- notwithstanding, Headwall assisted Argand at every step of the transaction, leading to a very successful close. We are delighted with Headwall’s efforts and would choose to work with Peter and his team again.”

*According to publicly available information.

Terry Gill

President and CEO
Unity Aluminum

“Unity Aluminum was a development company with a plan to build North America’s first aluminum rolling mill in forty years. The massive project had a strong team and solid engineering, but we needed approximately $2 billion to fund the project’s construction and start-up. We hired Headwall, based on the firm’s reputation in the metals industry, and we were thrilled with the results. Headwall helped us meaningfully restructure the company and the project prior to seeking capital, then Peter introduced us to the senior management team of Steel Dynamics (NASDAQ/GS: STLD, “SDI”) and helped negotiate a joint venture agreement between Unity and SDI to form Aluminum Dynamics LLC. Steel Dynamics has been the ideal partner for Unity, having brought construction and operating expertise in addition to capital. When completed in mid-2025, Aluminum Dynamics will have capacity to produce 650,000 tonnes of low-carbon recycled aluminum flat rolled products, and will be the largest industrial project ever built in Mississippi.”