CHICAGO/DANVILLE, Ky. – Houlihan Smith & Co. acted as exclusive adviser in arranging a credit facility for Perfection Components LLC. Founded in 2002, Perfection Components supplies interior trim and wheel trim exteriors for the automotive industry. The company performs injection molding, assembly and other processes.

The credit facility was provided by Summit Financial Resources in a transaction led by Houlihan Smith Managing Director Barry Petersen. Terms of the deal were not disclosed.  

The deal was announced today by Charles Botchway, group managing director and vice chairman for the Houlihan firm.

“This facility assists Perfection Components in meeting significant growth opportunities created by automakers seeking to place their supply chain needs in the hands of strong and nimble parts manufacturers,” Petersen said. “We look forward to working with key members of Perfection Components' management team as they execute their growth strategy.”  

Perfection’s President, Adrian Gerardo, praised the work performed by Houlihan.        

“The first question our customers ask in today’s market is, ‘How financially sound is my supplier?’” Gerardo said. “Houlihan Smith identified and secured a facility that would work for us. In the automotive arena, we have to embrace the challenge of constant improvement, and finding new ways to exceed our customers’ expectations. As a survivor of this severe recession, the Houlihan firm has strengthened our position and allowed us to shift our focus to long-term growth. As a leading plastic injection molder, we understand our business. Those looking for help in finance and capital structure need to work with Houlihan Smith & Company,” Gerardo said.  

Summit Financial Resources provides credit facilities in a broad range of industries with headquarters in Salt Lake City, Utah, and sales offices throughout the U.S.