Madison Street Capital provided WLR Automotive Group with professional advice on a $13.2 million sale/leaseback deal. WLR is a premier car wash, detailing, and automotive repair firm based in Maryland. SCF Realty Capital, which is based in Texas, was responsible for completing the sale/leaseback transaction. Barry Peterson, a managing director at Madison Street Capital and Stream Capital’s managing partner, Jonathan Wolfe, led the transaction.
WLR Automotive Group’s president and CEO, Randall S. Simpson, noted that the deal, which focused on the sale/leaseback of five of the firm’s locations, helped them to raise capital. It also provided the firm with the opportunity to reinvest and expand its operations into the new express car wash market. Jacquie Jenkins, the company’s CFO pointed out that Peterson and Wolfe played an integral part in helping the company explore different options and establish the right model for positioning itself for rapid growth.
Barry Peterson said that since they started operations in 1987, the company has been making higher revenues each year in the capital-intensive industry. The transaction shall facilitates WLR to expand its services to Northeast using innovative management system and a market leading design. Peterson said that he was greatly honored to work with Jonathan Wolfe in completing the transaction.
About Madison Street Capital
Madison Street Capital is an investment-banking firm that offers its products and services globally. It is devoted to service, leadership, integrity, and excellence. Madison Street Capital offers financial advisory services, valuation, financial opinions, and merger and acquisition expertise to diverse businesses. These services help Madison Street Capital’s customers to succeed in the international marketplace. When they are working with clients, the company’s employees own customer’s objectives. The company continues to provide both public and private businesses with world-class services.
Madison Street Capital views emerging markets as an integral component that spurs the growth of its clients. It continues to invest considerable amounts of assets in the international markets. The corporation has gained trust from its customers owing to its unwavering commitment to observe and uphold professional standards, which has helped in enhancing Madison Street Capital reputation. The company has donated to various charitable activities. The investment-banking firm has been providing emergency assistance to individuals and communities devastated by disasters. In addition, they have been giving food and shelter to underprivileged families. Madison Street Capital supports different initiatives, including education, and healthcare. The international investment company has worked with renowned organizations like The United Ways of Midwest and South Disaster Fund.
Visit http://madisonstreetcapital.org/about-madison-street-capital.html for more information.