Chicago, IL/Odessa, TX – International investment banking firm Madison Street Capital (MSC) acted as the exclusive financial advisor in arranging a sub-debt facility for its client, Accel Compression, Inc., (Accel). The transaction was announced today by Madison Street Capital CEO, Charles Botchway, and was led by Senior Managing Director, Reginald McGaugh. Terms of the deal were not disclosed.
According to Roger Becker, president of Accel, the first funding transaction with Madison Street Capital was a very positive experience.
“Mr. McGaugh and the team at MSC have been very easy to work with and I am looking forward to closing a second and larger round of funding with them shortly”, Becker continued. “We are thrilled to help Mr. Becker shape, guide, and support Accel’s roll-up acquisition strategy,” McGaugh said.
About Accel Compression
Accel Compression, Inc. is a recognized leader in natural gas compression in the Permian Basin area. The company offers a wide range of compressor choices to satisfy the needs of vapor recovery and wellhead applications throughout West Texas, Southeast New Mexico, and Eagleford Shale of South Texas. Accel sells, leases and rents both electric and natural gas compressors with low and high horsepower. The extensive portfolio consists of rotary screw and reciprocating compressor packages to fit its customer’s specific requirements and budget. The well-maintained equipment and long-standing compression expertise helps keep Accel at the forefront of the industry. Whether you choose to rent or lease, count on Accel Compression, Inc. to provide the cost-effective gas compression solution to improve your bottom line. www.accelcompression.com
About Madison Street Capital
Madison Street Capital is an international investment banking firm committed to integrity, excellence, leadership and service in delivering corporate financial advisory services, merger and acquisition expertise, financial opinions, and valuation services to publicly and privately held businesses. These services position our clients to succeed in the global marketplace. In undertaking each new project, the client’s goals and objectives become ours, ranging from financial advisory and successful capital raises to M&A transactions to transfers of ownership. Madison Street Capital views emerging markets as the core component driving the global growth of our clients, and will continue to focus significant assets on these markets. Our firm has earned the trust of clients around the world through our unwavering dedication to the highest levels of professional standards. For additional information, please visit our website atwww.madisonstreetcapital.com