Madison Street Capital acted as the exclusive financial advisor in the arrangement of a credit facility for Napoleon Machine. Napoleon, founded in 2010, is an ISO 9001:2008 certified value-added provider of manufacturing services, including customizable metal fabricating, precision machining, painting, light assembly, and other secondary services for medium to large size steel components. The facility was provided by Sterling Commercial Credit. The transaction was announced by Charles Botchway, CEO of Madison Street Capital, and led by Senior Managing Director, Barry Petersen and Steven Richards, VP Capital Markets. 

"The credit facility, along with a planned follow-on tranche, will provide substantially greater access to operating capital, enable Napoleon to expand its manufacturing capabilities to meet customer needs, and accelerate the company's growth trajectory for the foreseeable future," said Petersen.

"The Madison Street Capital team really took the time not only to listen to our story but to understand our story and effectively communicate the merits of the opportunity to the marketplace," said Kevin Febrey, President of Napoleon Machine. "That was really the key to completing this transaction. They understood the capital-intensive nature of our industry and presented creative solutions that will allow our company to access four times the amount of working capital to fuel growth than we were previously able to access via conventional credit facilities. We are very pleased with the outcome and look forward to working with Madison Street Capital in the future."