On December 6, 2024, Riverarch Equity Partners acquired a majority stake in Metal Supermarkets, the world’s largest small-quantity metal supplier. The prior shareholders, including management, retained a minority interest. The deal supports Metal Supermarkets’ growth and U.S.-Canada expansion.

Baird served as financial advisor. Legal advisors included Loopstra Nixon LLP, Baker Hostetler LLP, Plave Koch PLC, and Thorsteinssons LLP for Metal Supermarkets, while Reed Smith LLP represented Riverarch.

Transaction value was not disclosed.