The principals of RS Finance have completed thirteen transactions since establishing the firm in 2009. We pride ourselves on helping clients achieve their objectives under all types of market conditions.

Salvage Direct, Inc.

In May 2010, Salvage Direct, Inc. completed its sale to QCSA Holdings, Inc. to form the largest pure-play salvage vehicle remarketing company in the United States. The principals of RS Finance & Consulting, LLC served as exclusive financial advisor to Salvage Direct in this transaction.

During one of the most challenging economic periods in recent history, RS Finance’s principals implemented an effective process that drove an attractive valuation for Salvage Direct.  The competitive bidding environment we created achieved top dollar for Salvage Direct’s shareholders.

About Salvage Direct, Inc.

Salvage Direct, Inc. is a top-five seller of salvage vehicles, specializing in providing insurance companies and other vehicle suppliers with turnkey salvage management services, including recovery, storage, titling and resale. The company pioneered the salvage industry’s first on-line auction and today operates exclusively through a unique web-based business model.

Industrial Services of America, Inc.

Low manufacturing activity resulting from the prolonged recession in the U.S. caused many scrap recyclers to experience liquidity shortfalls and other challenges. In June 2014, RS Finance assisted Industrial Services of America in shoring up its balance sheet with an infusion of $17.8 million of capital. RS Finance negotiated with Wells Fargo N.A. to structure a new credit facility for ISA, giving ISA additional liquidity and financial flexibility to address market challenges. The credit facility was placed concurrently with a $3.0 million equity infusion from Recycling Capital Partners, an experienced scrap industry investor, giving ISA patient capital to support it through this transitional period.

About Industrial Services of America, Inc.

Industrial Services of America is a publicly traded company whose core business is buying, processing and marketing scrap metals and recyclable materials for domestic users and export markets. ISA also offers commercial, industrial and business customers a variety of programs to manage waste.

Material Sampling Technologies, LLC

In December 2011, the management of Material Sampling Technologies, LLC received an unsolicited acquisition offer from Chicago-based LKQ Corporation. LKQ, a leading provider of replacement parts, components, and systems needed to repair cars and trucks, was interested in MST's precious metals reclamation capabilities. RS Finance worked with MST to structure and negotiate the letter of intent, and to obtain an attractive outcome for MST's shareholders. The transaction closed in June 2012, just three years after MST's management founded the company. MST's management led the acquisition of the company's assets from Metech International, a precious metals refiner and electronic waste recycler, in June 2009.

About Material Sampling Technologies, LLC

Material Sampling Technologies, LLC reclaims gold, silver, platinum, palladium, rhodium and copper through a variety of proven production techniques. The company provides its precious metal refining and reclamation services to customers in the electronics, semiconductor manufacturing, automotive, plating, glass and fiberglass, metal fabrication and joining, jewelry, dental, photographic and aerospace industries, among others.