Deerwood Serves as Advisor to Mako Industries on Refinancing with Cadence Bank

February 2023 - Houston, TX - Deerwood Advisors (“Deerwood") is pleased to announce that it served as advisor to Mako Industries (“Mako") in connection with the refinancing of its senior credit facility with Cadence Bank.

The refinancing supports Mako's continued buy-and-build strategy and provides an updated capital structure to help fund organic expansion and future acquisitions. Around the same period, Mako noted that it had completed a refinancing of its senior credit facility as well as a refinancing of its owned facility as part of its broader growth plan.

“Flexible financing is critical for businesses pursuing both operational investment and strategic M&A," said Jim Turner, Managing Partner at Deerwood Advisors. “We were pleased to support Mako on this refinancing and help position the company with a stronger balance sheet for its next phase of growth."

The transaction reflects Deerwood's ability to support clients not only on acquisitions and sales, but also on debt financings and recapitalization related initiatives that can improve capital access and execution flexibility.

About Mako Industries

Mako Industries is a Houston based commercial and industrial services company focused on providing turnkey solutions and skilled labor to the energy, industrial, commercial, renewables, and public sector markets. For more information, visit www.makoind.com. 

About Deerwood Advisors

Deerwood Advisors is a boutique investment banking and advisory firm providing M&A advisory, capital raising, Buyside, Sellside and strategic advisory services to lower middle-market companies. Deerwood specializes in helping entrepreneurs, family owned businesses, and management teams navigate complex transactions to achieve their long-term goals. For more information, visit www.deerwoodadvisors.com.