E. A. Holdings, Inc. originally retained Source Capital, Ltd. to help negotiate the takeover of Energy Alloys, LP from A. M. Castle & Co., its original strategic capital partner. Concurrent with planning the "squeeze-out" of Castle, it was also necessary to secure a new strategic partner and additional growth capital.

Both financial and strategic capital providers were targeted by Source. The strategy was to use the availability of financial capital to enhance negotiations with strategic capital providers. Also, the terms of the financial separation with Castle and a new asset-based credit facility had to be blended to: (i) increase capital availability while (ii) reducing the cost of capital. Of equal importance was to increase the percentage equity interest of E. A. Holdings, Inc. in the new company to be formed and to eliminate unreasonable control or interference from the strategic partner.

With years of experience in negotiating and financing middle-market companies, Source Capital, Ltd. enabled E. A. Holdings, Inc. to accomplish its objectives. The final transaction resulted in the forming of Energy Alloys, LLC in conjunction with Mitsui Tubular Products, Inc., a wholly owned subsidiary of Mitsui USA, a subsidiary of Mitsui & Co., Ltd.