Funding through Ally Bank provides national property services leader with additional capital and creates flexibility for future growth

Lewisville, TX – January 2, 2025 – MCS (or the “Company”), the national property services provider founded in 1986, announced it has closed a $112 million refinancing. The funding, provided by Ally Bank, provides an additional M&A funding source and increased access to capital to allow the Company to execute its acquisition strategy, while also supporting the Company’s ongoing operational and organic growth initiatives.

“We are pleased to have closed this transaction and extend our liquidity through a refinancing package with attractive terms,” notes Craig Torrance, CEO of MCS. “The scale of the commitment from Ally demonstrates the strong underlying fundamentals of MCS, as well as our growth potential. Enhancing our access to additional committed capital will also allow us to take advantage of new opportunities in the property services sector and supports our national service footprint across residential, commercial, government and mortgage services.”

About MCS
MCS is an award-winning property services provider working across Commercial, Residential and Government properties as well as the Property Preservation industry. For nearly 40 years, MCS has been committed to responsive care, industry-leading service standards, leveraging technology, and end-to-end transparency to protect, preserve and serve communities across the country. Some of the largest and most respected mortgage servicers, real estate owners and operators, corporations and government agencies trust MCS to perform property inspections, preservation, maintenance, renovations, and other property-related services. Learn how MCS is Making Communities Shine at MCS360.com.

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