Houlihan Smith Arranges Credit Facility for Marmion Industries Corporation
29 Juillet 2008 - 9:32PM
PR Newswire (US)
CHICAGO and HOUSTON, July 29 /PRNewswire/ -- Houlihan Smith &
Company, Inc. ("Houlihan") acted as exclusive financial advisor and
placement agent in arranging a credit facility for its client,
Marmion Industries Corporation ("Marmion") (OTC:MMIO) (BULLETIN
BOARD: MMIO) it was announced today by Charles Botchway, Group
Managing Director and Vice Chairman of Houlihan. The credit
facility was provided by Boston-based Aquent Financial Services.
"Houlihan has been tremendously instrumental in securing more
effective credit lines as well as pursuing ongoing efforts to
secure strategic acquisitions that will provide tremendous benefit
to the Company's long-term growth and profitability," said Bill
Marmion, President of Marmion. "In particular, Sylvester Gbewonyo
and his team worked diligently to successfully complete this
transaction with the best interests of Marmion at the forefront of
all negotiations, which exemplifies the professionalism the
Houlihan Smith team continues to display in all facets of our
relationship." Marmion Industries Corporation specializes in
explosion-proof heating, ventilation, cooling pressurization, and
chemical filtration solutions for mission-critical applications.
The Company has garnered a sterling reputation by providing
superior equipment and service to customers ranging from refineries
in South Texas and Louisiana, to drilling rigs and chemical plants
from Saudi Arabia to South America. The Company serves both
industrial and commercial clients, and also provides custom
fabrication work. Aquent Financial Services is part of Aquent, a
global professional service firm that delivers creative and IT
solutions through consulting, outsourcing, and staffing.
Established in 1986, Aquent is an innovative industry leader
committed to providing unequalled client value, and has helped
thousands of companies achieve outstanding business outcomes.
Aquent generates annual revenue of more than $400 million and
employs thousands of people worldwide. Houlihan Smith &
Company, Inc. ("Houlihan") is a specialized investment banking firm
that provides advisory, financing, and valuation services to public
and private businesses. Houlihan is a registered broker-dealer and
FINRA/SIPC Member. Houlihan understands the time sensitivity of
corporate finance, and responds quickly and tenaciously to
opportunities. The Houlihan approach creates corporate finance
transactions in which business owners and investors mutually
benefit. We have the knowledge, experience and relationships to
match buyers and sellers, as well as to match the appropriate
financing and capitalization structure to each unique client
situation. The Houlihan name is synonymous with professional
financial expertise. We provide cost-effective fairness and
solvency opinions, as well as valuations for tax and financial
reporting to some of the largest NYSE/NASDAQ companies, as well as
small, privately held businesses. Contact: Rebecca Carriere
312.499.5903 DATASOURCE: Houlihan Smith & Company, Inc.
CONTACT: Rebecca Carriere of Houlihan Smith & Company, Inc.,
+1-312-499-5903, Web site: http://www.houlihansmith.com/
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