“Ultimately, the Madison Street Capital team did an outstanding job working with GE Capital to best fit our needs,” said Chris Reilly, CEO of Reilly Construction.
Chicago IL and Ossian, IA (PRWEB) May 22, 2012
Madison Street Capital acted as the exclusive financial advisor in arranging a $8.5 million credit facility for its client, Reilly Construction, Inc., it was announced today by Charles Botchway, CEO of Madison Street Capital. The credit facility was provided by GE Capital from its Chicago office. The transaction was led by Madison Street Capital Managing Director Lester (Jay) Rodgers.
“Madison Street Capital brought to the table many options for us to address our financing needs,” said Chris Reilly, CEO of Reilly Construction. “Ultimately, the Madison Street Capital team did an outstanding job working with GE Capital to best fit our needs. I would highly recommend Madison Street Capital to companies exploring their financing needs.”
“As a third-generation business, Reilly Construction continues to widen its scope of services, as the firm has gained a tremendous reputation for its ability to service projects that most other contractors cannot complete,” said A.J. Dhingra, Vice President at Madison Street Capital. “This new credit facility through GE Capital will provide Reilly Construction with the ability to expand into new markets while also lowering its financing costs.”
About Reilly Construction, Inc.
Reilly Construction is a diversified, family-owned construction firm that specializes in excavation, grading, site work, virgin and recycled aggregate crushing, design-build contracting, and tree clearing, among other services. It operates from its headquarters in Ossian, Iowa, as well as equipment yards in Ossian and Des Moines. Reilly Construction serves both public and private customers, but maintains a high profile in the public sector. Its primary operating region includes Iowa, Indiana, Kansas, Minnesota, and Nebraska, but the firm has also completed work in Oklahoma, Nevada, Pennsylvania, and Texas.
About GE Capital
GE Capital is a leading provider of business lending and leasing for companies of all sizes in a wide array of industries. GE Capital provides business capital for corporate acquisitions, refinancing, and restructuring, as well as services to manage large fleets of cars and other equipment. GE Capital has more than 1 million commercial customers with operations in more than 50 countries, and manages more than $550 billion assets. GE Capital is the financial services unit of General Electric, headquartered in Stamford, Connecticut.
About Madison Street Capital
Madison Street Capital is an international investment banking firm which provides mergers and acquisition (M&A) advisory, financial advisory, financing services, valuation services, and operational improvement and restructuring services to public and private businesses as well as asset managers. Madison Street Capital has focused expertise in partnering with middle-market firms to successfully navigate complex transactions and successfully assist clients in optimizing their company’s potential. Madison Street Capital’s experienced professionals serve clients across the globe from offices in North America, Asia, and Africa. For additional information, please visit our website at http://www.madisonstreetcapital.com or give us a call at 312-529-7000.