Industrials | Debt & Equity Recapitalizations

Williams Industrial Services Group Completes Senior Credit Facility

  • TM Capital served as exclusive financial advisor to Williams Industrial Services Group (OTC:WLMS) in structuring and arranging an asset-based revolving credit facility to provide flexibility to focus on short- and long- term growth initiatives
  • Williams Industrial Services Group is a general and specialty construction services company that has provided a broad range support services to the nuclear, hydro and fossil power generation, pulp and paper, refining, petrochemical and other process and manufacturing industries for more than 50 years
  • The financing was secured entirely from MidCap Financial and marked the culmination of the Company’s four-part-restructuring initiative that also included the exit from certain businesses, consolidation of corporate functions, and the refinancing of the Company’s term loan facility.

Client Testimonial

We engaged TM Capital to arrange financing that was key to completing our complex and time-sensitive restructuring initiative because of their deep market relationships and valuable structuring insights.  The TM team came through, rapidly delivering an attractive credit facility."
Tracy Pagliara, President & CEO, Williams Industrial Services Group