Concord Financial Advisors, LLC closed a $25MM Deal for ACMS Group, Inc. (“Company”).
ACMS Group, Inc. (“ACMS”), founded in 1955 and headquartered in Indiana, has successfully completed many projects in the steel, refining, industrial gas, and power generation industries. ACMS Group brings in-depth engineering and construction experience to a multitude of industries, solving even the most complex construction challenges. They are an all-in-one partner ensuring plans are translated into a project that’s completed on-time, under budget and to-spec.
The Engagement: ACMS Group, a leader in the industrial gas and power generation industries, needed to expand their credit capacity to support rapid growth and new projects.
The Concord Close: Concord was able to quickly identify a seasoned lender that specializes in financing construction companies and contractors.
Concord used its 100+ years of collective corporate finance experience and deep relationships with a wide spectrum of nationwide lenders to arrange a creative and structurally favorable senior credit facility.
The Results: A $25 Million Senior Secured Revolving Line of Credit to refinance existing debt, onboard new projects, and provide working capital for sustained growth. The new credit facility allows for flexibility, contains no financial covenants and required nominal opening availability.
