Fresh Vision for a 40-Year-Old Construction Legacy
Ivanhoe Capital structured a $5.7M acquisition loan to support new ownership of a 40-year-old Ohio construction company. Here’s the full story…
This well-established construction business in southwestern Ohio had been going strong for over four decades. In an industry where reputation is everything, their name alone kept projects flowing.
But as the long-time owners prepared to step away, it was clear the business needed new leadership to unlock its next phase of growth. That’s where this experienced and driven buying group came in. Confident in their ability to scale operations and inject fresh energy into an already thriving company, we structured a $5.765M loan package to support the transition.
The company specializes in drywall and also offers finish carpentry, framing, flooring, and countertops—making it a solid foundation for strategic expansion. With the right marketing strategy and renewed leadership, the business is poised to grow quickly without reinventing the wheel.
There were no major hurdles in this deal—everything aligned smoothly. The final structure included:
- $4.5M SBA 7(a) Loan
- $500K SBA Line of Credit
- $765K Pari-Passu Conventional Note
Sometimes, the best opportunities are about taking what’s already working and giving it new life.
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