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Telos Capital Advisors Advises Senior Management of Iron Smart Machinery on Management Buyout and $13 Million Growth-Focused Bank Facility

Updated: Jul 10

DALLAS, TX — Telos Capital Advisors is pleased to announce its role as exclusive financial advisor to the senior management team of Iron Smart Machinery in the successful execution of a management buyout (MBO) and the closing of a $13 million senior bank facility to support the Company’s continued growth and expansion.

 

Founded by Mike McCollum in 2020 at the height of the COVID-19 pandemic, Iron Smart Machinery was created to rent large GPS and technology-enabled earth-moving equipment for site preparation and other larger projects, including highway construction, industrial, residential, oil and gas construction (well pads, roads), and mine reclamation. Backed early on by Capstone Equity Partners, a partnership formed by two East Texas investors committed to empowering strong operators, Iron Smart Machinery has grown into a thriving family-run business with Mike at the helm and his wife, LeeAnn playing a key role across operational functions.

 

Capstone Equity Partners‘ philosophy of aligning incentives and creating long-term value through motivated management proved a perfect match for Mike’s leadership style and the company’s entrepreneurial culture. The buyout structure, led by Telos Capital Advisors, reflects this alignment and positions Iron Smart Machinery for the next chapter of growth.

 

As part of Iron Smart Machinery’s strategic expansion, the company recently welcomed Freddy Clark to spearhead business development in the North Dallas market and added CFO Jay Nelson to provide financial leadership as the company scales.

 

"Telos Capital Advisors was instrumental in helping us navigate a complex process while keeping our long-term goals in focus,” said Mike McCollum. “They understand what it means to be an operator, and that made all the difference."

 

Telos Capital Advisors has completed numerous Management Buyouts and Management Carveouts for management teams across the country. The firm maintains a 100% success rate on capital raises for MBOs by combining deep diligence with firsthand operational experience—the Telos directors have all been in management roles themselves for over 25 years.

 

“This transaction exemplifies what we stand for,” said Bob Lutz, Managing Director of Telos Capital Advisors. “Supporting a capable and committed manager like Mike, in partnership with thoughtful investors like Capstone, is exactly the kind of impact we strive for—helping people build sustainable value through aligned capital structures.”

 

About Telos Capital Advisors

Telos Capital Advisors is a boutique investment bank focused on management buyouts, sell side advisory, recapitalizations, capital raising, and growth financings. The firm specializes in advising entrepreneurial managers and family-owned businesses and is known for its high-touch approach and the operational experience they bring to every transaction.

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