Madison Street Capital advised WLR Automotive Group on the $13.2 Million leaseback /sale transaction. WLR Automotive is a top automotive repair detailing, car wash and lube company in Tristate and Maryland. Texas firm SCF Realty Capital concluded the sale/leaseback deal, Charles Botchway, CEO of Madison Street Capital, announced the conclusion of the transaction. Madison Street Capital Senior Managing Director Barry Petersen and Jonathan Wolfe, Managing Partner of STREAM Capital Partners, led the deal. “The transaction, focused on the sale/leaseback in five WLR Automotive locations gave us the opening to raise capital for the expansion of our services to rising car wash markets at a rapid pace,” said President and CEO Randall S. Simpson.
WLR Automotive CFO, Jacquie Jenkins lauded Barry Peterson and Jonathan Wolfe as key figures in the capital funding deal, and finding a solution to help develop the automotive business. Barry Petersen acknowledged WLR Group under CEO Randall’s leadership on its continual profitable success each year from the time it commenced operations in 1987. The new transaction gives WLR an opportunity to expand its development goals in the Northeast market with their fresh designs and modern management systems. Barry also recognized Jonathan Wolfe and Stream Capital as key figures to effecting the business deal.
WLR Automotive is a car wash, automotive repair and detailing lube center with several business locations across the country. Its central office base is in Frederick, Maryland. WRL Automotive Group began its operations in 1987 as a lube center. It currently operates in 17 different locations.
About Madison Street Capital
Madison Street was established in 2005; it is a medium investment bank offering various financial services such as corporate advice, financial reports valuation, business valuation, and financial opinions for medium companies. Madison Street Capital has continuously provided its customers with the best mergers & acquisitions services and helped clients to understand the value of their businesses. Madison further assists mid-level companies to identify the right financial services that fit their capital needs. Also, Madison Street Capital reputation has made many people have a special feeling about the company and its services.
Business owners in search of acquisitions, an exit strategy, or favorable lending rely on Madison Street Capital as excellent dependable investment bankers. It is an established leading financial services provider to mid-level companies. Madison Street Capital has branch offices in America, Africa, and Asia. Madison Street Capital has extensive knowledge, experience and wide networks to match active traders to fund suitable ventures to each particular client’s business situation.
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