Houlihan Smith & Company, Inc. ("The Houlihan Firm") acted as exclusive financial advisor and placement agent in arranging a $1.1 million credit facility for its client, Site Solution Contractors, LLC (“Site Solution”). It was announced today by Charles Botchway, Group Managing Director and Vice Chairman of The Houlihan Firm. The credit facility was provided by Ohio based Emerald Bank. The transaction was led by Houlihan Smith Managing Director Sylvester Gbewonyo.
Chicago, IL/Pickerington, OH (Vocus/PRWEB ) November 13, 2009 -- Houlihan Smith & Company, Inc. ("The Houlihan Firm") acted as exclusive financial advisor and placement agent in arranging a $1.1 million credit facility for its client, Site Solution Contractors, LLC (“Site Solution”). It was announced today by Charles Botchway, Group Managing Director and Vice Chairman of The Houlihan Firm. The credit facility was provided by Ohio based Emerald Bank. The transaction was led by Houlihan Smith Managing Director Sylvester Gbewonyo.
David White, President of Site Solution had this to say: “In a difficult credit market, Houlihan Smith was able to utilize its resources and develop new contacts to find a solution for our needs. With their expertise, we should be in a good position moving forward as our industry turns for the better.”
Site Solution, based in Pickerington, Ohio, provides tree clearing, grading, excavation, drainage work, erosion control, storm and sanitary sewer installation, as well as other services related to publicly and privately funded development projects in Central Ohio. The Company has established an outstanding reputation for delivering high-quality work on time, which has played a key role in securing a heavy amount of repeat business from several high-profile builders, developers, and general contractors active in its market.
Emerald Bank is a Central Ohio commercial lender that assists small to medium sized business fund their capital requirements. In April 2007, the Middlefield Banc Corp acquired Emerald Bank to form a stronger union with expanded capability, enhanced customer service, and improved technology. Emerald Bank continues to remain a strong focal point of the community.
About The Houlihan Firm:
Houlihan Smith & Company, Inc. ("The Houlihan Firm") is a specialized investment banking firm that provides advisory, financing, and valuation services to public and private businesses. The Houlihan Firm is a registered broker-dealer and FINRA/SIPC Member. The Houlihan Firm understands the time sensitivity of corporate finance transactions, and responds quickly and tenaciously to opportunities.
The Houlihan Firm approach creates corporate finance transactions in which business owners and investors mutually benefit. We have the knowledge, experience and relationships to match buyers and sellers, as well as to match the appropriate financing and capitalization structure to each unique client situation. The Houlihan Firm is synonymous with professional financial expertise. We provide cost-effective fairness and solvency opinions, as well as valuations for tax and financial reporting to some of the largest NYSE/NASDAQ companies, as well as small, privately held businesses.
Media Inquiries:
William Berger
Analyst – Houlihan Smith & Company
(312) 499-5986
http://www.houlihansmith.com
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