Wheelhouse Announces Financial Restructuring for Service Radio Rental

Wheelhouse works with private equity partner JMH to recapitalize SRR-IBS. Working in conjunction with Tennessee Bank and Trust and Capstar in Nashville, Tn. creating a new debt structure and returned profit to shareholders and providing the company with capital to support its growth strategy.

Roddy Story, Executive Vice President and Manager of Commercial Banking, said that “we were fortunate to participate in the refinance of SRR-IBS. A key factor was our confidence in the leadership and management skills of Wheelhouse Partners. In our experience the ability and performance of the Wheelhouse team is unparalleled.”