Madison Street Capital Advises WLR Automotive Group on $13.2 Million Sale/Leaseback Transaction
Summary
“The transaction, focusing on the sale-leaseback of just five of our locations, has afforded us the opportunity to raise capital, reinvest and expand our reach into the emerging express car wash market at a much quicker pace,” said Randall S. Simpson, President and CEO of WLR Automotive Group, Inc. CFO for the company, Jacquie Jenkins, offered, “Barry Peterson and Jonathan Wolfe were instrumental in assisting us in exploring options and finding the perfect model to help us position ourselves for rapid growth.” Barry Petersen noted “Randall Simpson and the WLR team have grown revenue every year since beginning operations in 1987 in a capital-intensive industry.Founded in 1987 as a single lube center, WLR Automotive Group has grown to over 17 locations, operating vehicle maintenance, repair, and car wash facilities in Columbia, Frederick, Gaithersburg, Gambrills, Germantown, and Laurel, MD; and Shrewsbury and York, PA.The group focuses exclusively on representing buyers and sellers of net leased properties across the country and on structuring and executing sale leaseback transactions for owners of commercial real estate.To learn more about Stonebriar Commercial Finance go to www.Stonebriarcf.com Frederick, MD, March 31, 2017 --( PR.com )-- Madison Street Capital , an international investment banking firm, advises on the $13.2 Million sale/leaseback transaction for WLR Automotive Group.Founded in 1987 as a single lube center, WLR Automotive Group has grown to over 17 locations, operating vehicle maintenance, repair, and car wash facilities in Columbia, Frederick, Gaithersburg, Gambrills, Germantown, and Laurel, MD; and Shrewsbury and York, PA.