NorthView Advisors closes a revolving credit facility for Master Pipe Distribution Company with BMO Harris Bank, N.A.
January 31, 2020
NorthView Advisors LLC (“NorthView”) is proud to announce the closing of a revolving credit facility for its client, Master Pipe Distribution Company LLC (“Master Pipe”) with BMO Harris Bank, N.A. (“BMO”) for an undisclosed amount. Proceeds from the facility were used to refinance Master Pipe’s existing credit facility and provide ongoing working capital growth financing.
“The NorthView team was an absolute pleasure to work with,” said Joseph Konis of Master Pipe. “We hired NorthView to help us refinance our existing credit facility and they went above and beyond anything we could have ever expected. Not only did they get us a more efficient and cheaper facility with better advance rates, but they also helped manage the process all the way through closing and beyond, which allowed our team to focus on our business as opposed to the financing. Having a professional intermediary is important to any competitive process and we highly recommend NorthView to anyone, whether it be their first form of outside financing or a complex refinance like ours.”
“NorthView played a constructive role throughout the entire Master Pipe transaction,” said Charlie Cunningham, Director, BMO Harris Bank. “From our initial introduction to the company to the closing of the credit facility, both JT and Paul remained actively engaged. Everyone benefited from their experience.”
Brock Niezgoda from Gray Reed & McGraw LLP provided legal counsel to Master Pipe and Michael Gordon from Taft Stettinius & Hollister LLP represented BMO in the transaction.