Chicago, IL/Houston, TX – May 2014

Madison Street Capital as the exclusive financial advisor to Dowley Security Systems arranges a new senior Line of Credit with Keltic Financial Services.  Dowley is a full service electronic security and technology integration provider specializing in security solutions for commercial, government and industrial markets.  The announcement was made by Charles Botchway, CEO of Madison Street Capital. The transaction was led by Reginald McGaugh, Senior Managing Director.

“We are very happy with the effort put out on our behalf by Madison Street Capital specifically Reginald McGaugh,” said Joel Kennedy, CFO of Dowley Security Systems. “Reginald worked quickly to find a solution to our unique situation and kept myself and the Board of Directors updated on the process.  We look forward to our continued relationship with Madison Street Capital and the new LOC is an initial step to accommodate significant growth initiatives.  “We evaluated several potential senior lenders for Dowley Security Systems and we are confident Keltic Financial is the right partner to support Dowley Security Systems,” said Reginald McGaugh. We look forward to assisting Dowley Security Systems in pursuing strategic acquisition opportunities in the near future.”

About Dowley Security Systems:
Dowley distinguishes itself as a premier turnkey provider delivering world class “security hardening” of our customer’s critical infrastructure assets.  Dowley combines innovative designs, proven technologies, project managed installations and digitally dispatched service teams. The unique manner in which we fully integrate all aspects of a security platform solves our client’s needs and sets the Dowley team apart. We deal regularly with highly sophisticated corporate assets worth hundreds of millions of dollars. Dowley’s loyal customers trust us because our team of highly skilled professionals go out of their way to provide the right result. Our customers hold us in high regard for our commitment to quality, service and the value we reliably provide each and every day. For more information, please visit

About Keltic Financial Services:
With Keltic Financial Services, you have access to a team of seasoned, knowledgeable regional managers, underwriters and portfolio managers who provide straight answers on how to structure practical working capital solutions. When you invite Keltic Financial Services to the table, you always deal directly with the decision makers, not with a bureaucratic and time consuming credit committee. We work with you and make sure you always receive: Consistency from initial discussion through closing; Creative solutions based on a thorough understanding of your business and industry and tailored to your unique financing needs; Answers within 48 hours of receipt of all required information; and Unparalleled customer service.  Whether you are seeking asset based financing, bridge financing, senior secured financing, turnaround financing, or you want to accelerate cash flow or secure working capital, we promise quick decisions and flexible structures, giving you the support you need to concentrate on running your business.. For more information, please visit

About Madison Street Capital, LLC:
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 at

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