DALLAS (2014) – White Rock Advisors, LLC is pleased to announce it recently advised AHI Facilities Services, Inc. (“AHI”) of Dallas, Texas in securing a $4.5 million line of credit from Triumph Bank.
AHI, founded in 1968, is a provider of integrated facility services for commercial building owners and managers throughout the US. They are CIMS certified, which is the first comprehensive management and operations standard for cleaning organizations. Of the 72,000 commercial janitorial contractors, there are only 251 contractors that have the CIMS certification.
AHI plans to use this line of credit for working capital for growth and to refinance a factoring arrangement. A team from White Rock Advisors, led by Simon Martin and Greg Hext, advised management of AHI on securing the line of credit.
About White Rock Advisors, LLC
The White Rock Advisors team is located in Dallas, Texas. White Rock Advisors is an affiliate of Chapman, Hext & Co., P.C., which is a twenty-five year old financial services firm (www.chapmanhext.com) and through companies with which it is affiliated, provides complete auditing and tax services, wealth management, merger and acquisition advisory services, institutional private placements of equity and debt, restructuring and turnaround services and general corporate finance advisory services to companies with revenues or enterprise values ranging from $10 million to $500 million. White Rock Advisors serves as the investment banking arm of Chapman Hext and focuses on building long term value for clients through unbiased advice, access to the capital markets, and expert assistance in mergers and acquisitions.
For additional information please visit www.whiterockadvisors.com.
White Rock Advisors, LLC (“White Rock”) member FINRA/SIPC is a limited purpose broker dealer that provides a limited range of brokerage and financial advisory services. White Rock does not hold customer accounts, funds or securities, accept trading orders, engage in proprietary trading or market making. White Rock is engaged solely in advising companies and private equity funds on capital raising and corporate restructuring. This is not an offer or solicitation for brokerage services, investment advisory services, or other products or services in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the securities laws or other local laws and regulations of that jurisdiction.