The CEO of Madison Street Capital, Charles Botchway, recently announced a $13.2 million sale/leaseback transaction for WLR Automotive Group. The deal covered the sale/leaseback of five of WLR Automotive Group’s locations and was overseen by Barry Petersen of Madison Street Capital, and Jonathan Wolfe from Stream Capital Partners, a privately held investment and consulting firm specializing in sale/leaseback advisory services.
WLR Automotive Group is an auto maintenance firm based in Frederick, Maryland, providing auto repair and maintenance, car wash and detailing services in the Maryland and Tristate area. Taking the technicalities out of the equation, WLR Automotive Group sold their auto business locations to SCF Realty Capital investors and then leased them back for their automotive business operations. The group has raised operational capital for expansion purposes, which is targeted at the growing express car wash business.
WLR Automotive has enjoyed steady growth since inception in 1987 to cover more than 17 locations. This transaction presents an opportunity for them to realize rapid growth and expansion into new locations. Stonebriar Commercial Finance Realty Capital, a Texas-based financial services company, completed the transaction.
The transaction is a testament to the Madison Street Capital reputation of creating transactions that benefit both investors and business owners. They have a bold commitment to building strong relationships with local business communities.
Madison Street Capital is a privately owned international investment and financial advisory services firm. It provides corporate financial advisory, business valuation, asset and wealth management, tax planning, mergers and acquisitions and private equity among a host of other services. The firm is based in Chicago, Illinois and is involved in realizing opportunities in various industries such as energy, defense, healthcare, technology, manufacturing, distribution, biotech, finance, real estate, retail, and consumer markets among others.
Madison Street Capital has won several industry awards for excellence in service delivery especially on the mergers and acquisitions scene. The latest award in their bag is the winner of restructuring deal of the year category at the 11th Annual Turnaround Awards hosted by the M&A Advisor. They have a global view with a presence in Illinois and Oregon in the US; Haryana and Bengal in India; and Accra, Ghana in Africa.
With highly motivated personnel, the corporate attitude is ingenious in challenging the status quo, an approach that is daring and effective in the middle-income niche that forms their stronghold. Their core focus is on emerging markets with significant assets to accelerate global growth and realize exceptional returns for their clients.
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