Daily News: September 13, 2013

Marquette, Superior Capital Provide Capital for Distributors

Marquette Business Credit and Superior Capital Partners provided acquisition and growth capital for the purchase of Aldora Aluminum and Glass Products and Coastal Glass Distributors.

The companies are fabricators and value-added distributors of architectural glass and aluminum products. The combination of Aldora and Coastal creates a regional glass fabrication business in the Southeast.

“I knew from our first meeting Marquette was going to be our bank. Throughout the process, starting with that first meeting and continuing through due diligence and finally closing what was agreed verbally matched the final terms of the credit agreement. This was a great way to start a relationship. The whole process was stress free that met every time line and closed exactly as planned. Who could ask for anything more?” said – Leon Silverstein, CEO Aldora Aluminum and Glass Products, Inc.

“We felt very comfortable with Marquette Business Credit from the first meeting. Their partnership philosophy and culture was the right fit for our needs. Marquette showed great responsiveness and flexibility throughout the process, and they also took the time to understand our business. These factors allowed our deal to close efficiently and upon the terms we had initially agreed to,” said Scott Hauncher, Superior Capital Partners.