Building Materials Distributor Completes Refinancing with $3 million of Increased Liquidity and $1 million Reduction in Annual Debt Service

Fort Dearborn Partners announces the successful refinancing of a commercial building materials distributor with product lines including acoustical ceilings and walls, drywall, metal studs, insulation and exterior insulating finish systems.

The Company retained Fort Dearborn to lead its refinancing efforts including:

  • Assisting with preparation of the information packet,
  • Marketing the credit to several pre-screened lenders that understand the Company's industry and its financing needs, and
  • Assisting during the extensive due diligence process and negotiating of terms.

Fort Dearborn's knowledge of the capital markets, focused marketing efforts and guidance throughout the process yielded several favorable proposals resulting in:

  • A new $12 million credit facility which provides $3 million of additional liquidity to facilitate growth, and 
  • Negotiation of a favorable financing structure that reduced principal and interest payments by  more than $1 million annually.

While the details of each engagement vary, this transaction was typical of our investment banking focus of representing privately-held, middle market companies. 

Please keep us in mind for proven middle market investment banking expertise, especially in "story" transactions where our operating skills and consulting excellence lend additional value. 

We look forward to working with you. 

Deal Team

Kevin Cleary
(312) 683-3642

Bill Marra
(312) 683-3653

Fort Dearborn Partners / Fort Dearborn Advisors

190 South LaSalle Street
Suite 1650
Chicago, Illinois 60603


All rights reserved.

FDP News

Oct - 22

Alice Chan joins Fort Dearborn Partners

Fort Dearborn Partners is pleased to announce that Alice Chan has joined our firm as a Director.

Read More

Sep - 22

Bears Win Season Opener!

Not even the worst flooding in 2 years could stop the Bears from winning their season opener.

Read More

Jun - 22

Fort Dearborn advises HF Foods Group, Inc. - Sealand Food, Inc.

Fort Dearborn Partners (FDP) is pleased to announce we served as sole financial advisor to HF Foods Group, Inc. (NASDAQ:HFFG) in its transaction with Sealand Food, Inc.

Read More