Daily News: May 23, 2012

Madison Street Arranges $8.5MM Facility for Reilly Construction

Madison Street Capital acted as the exclusive financial advisor in arranging a $8.5 million credit facility for its client, Reilly Construction, Charles Botchway, CEO of Madison Street Capital, announced. GE Capital provided the credit facility 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, VP 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.”

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.

Madison Street Capital is an international investment banking firm that 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.