Rock Valley Concrete Secures $1.8M Financing for Expansion
Deal News | Mar 17, 2025 | EIN
Rock Valley Concrete Cutting, an infrastructure services company based in the Rockford and Chicago suburbs, has closed a $1,822,000 debt facility consisting of a $1,222,000 SBA Loan and a $600,000 Line of Credit. The financing aims to support the company's strategic expansion, equipment upgrades, and personnel investments. Founded in 2018 by William Roche and Joe Cimino, Rock Valley offers specialized concrete cutting services. With the help of R.F. Lafferty & Co., Inc., which acted as advisor on this transaction, Rock Valley is poised to strengthen its growth in the competitive construction service market. The funds will enhance its service capabilities, enabling acquisition of equipment and bolstering the workforce. Rock Valley has already started taking delivery of new equipment in preparation for heightened demand in upcoming times.
Sectors
- Construction and Infrastructure Services
- Finance and Investment
Geography
- United States – The financing pertains to US-based Rock Valley Concrete Cutting, and R.F. Lafferty & Co., Inc. is headquartered in New York. The operations and services are mainly in the Rockford and Chicago suburbs.
Industry
- Construction and Infrastructure Services – Rock Valley Concrete Cutting operates within the construction and infrastructure sector, providing specialized services in concrete cutting, reflecting the industry's growth and investment needs.
- Finance and Investment – R.F. Lafferty & Co., Inc.'s involvement as a broker-dealer and advisor points towards the importance of financial services in facilitating growth in related industries.
Financials
- $1,822,000 – Total debt facility secured by Rock Valley Concrete Cutting, including a $1,222,000 SBA Loan and a $600,000 Line of Credit.
- $1,222,000 – SBA Loan component of the financing.
- $600,000 – Line of Credit component of the financing.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Rock Valley Concrete Cutting | Target Company | Company | A veteran-owned infrastructure services company specializing in concrete cutting, founded in 2018 by William Roche and Joe Cimino. |
| R.F. Lafferty & Co., Inc. | Advisor | Company | A global, full-service broker-dealer established in 1946, acted as the exclusive finder and advisor for this financing transaction. |
| William Roche | CEO | Person | CEO and co-founder of Rock Valley Concrete Cutting. |
| Joe Cimino | Co-founder | Person | Co-founder of Rock Valley Concrete Cutting. |