Despite being one of the most respected executives in the oil industry, Tony Petrello has been through a lot on a personal level. However, he has managed to keep his composure and has emerged stronger than before. Just the other day, the Nabors Industry chief executive officer announced that he had made a donation of $5 million to help children suffering from chronic illnesses. Above this donation, he pledged to give another $2 million in the future that will be used for the same purpose. Tony Petrello made this donation together with his wife Cynthia Petrello. This is not the first time that these two love birds have made such donations.
Tony Petrello and his wife say that every day is a blessing to them as they watch their young daughter learn new things. Their daughter is called Carena, and she is eight years old. Before she can learn something, she has to try it many times. However, despite the setback, the two love birds are full of strength and determination. To them, seeing their daughter walk is a miracle. Tony Petrello notes that her daughter suffers from a rare condition and she has been like this since the day she was born. She has had to spend some considerable part of her life in the hospital under the care of physicians. Their daughter came into this earth at 24 weeks. Also, at the time of her birth, she weighed only 20 ounces. She suffers from a condition known as periventricular Leukomalacia.
This is a condition that is caused by insufficient supply of blood to the brain leading to insufficient oxygen to the vital organ. As a result, she is slow in her motor skills, and this has resulted to Cerena suffering from cerebral palsy. This is a condition that Tony Petrello has devoted millions of money to find a cure. Despite being the president of the biggest drilling company in America, Tony Petrello is also active in philanthropy. He is currently involved with the Texas Children’s Hospital where he sits on the board of trustees. He has collaborated with well-known institutions such as Harvard to find a remedy for the condition that her daughter suffers from.
Madison Street Capital is an international investment banking enterprise. The firm provided ARES Security Corporation with its advisory services. The services were entirely financial and entailed the arrangement of subordinate debt and minority equity investment. ARES Security Corporation is headquartered in Vienna, and it offers comprehensive, top-notch security solutions to its clientele. However, the security company has majored on the use of software technology to offer its full spectrum of security products and services.
Corbel Structured Equity Partners offered the avenues for the recapitalization of ARES. The CEO of Madison Street Capital, Charles Botchway, announced the culmination of the transaction on 10 January 2017. The Director of the investment banking enterprise, Reginald McGaugh played a significant role in the successful finalization of the deal. McGaugh posited that it was an honor for the firm and himself to work directly with ARES Security Corporation through shareholder and President Ben Ezzetta. He additionally acknowledged that under Ezzetta’s leadership the firm has ensured security and protection of the most critical assets in the world with the use of above-stellar technology. Additionally, McGaugh noted that ARES features a superior management team, which challenged them to find an appropriate and suitable financing partner.
As per ARES Security Corporation, working with Corbel to innovatively structure their investment plan was the best option. This is because the deal fostered the creation of a substantial equity value. Corbel features flexible capital solutions and additionally provided a partnership that was operationally supportive. With the partnership, the firm will continue to make high sales as well as capitalize on new revenue opportunities, which inherently lies within the deep bench of industry contacts that Corbel has.
Madison Street Capital was founded and incorporated in 2005. The firm is a middle marketing entity, which is responsible for the provision of business valuation and advisory services as well as offering financial options for middle-market business firms. Over the years that Madison Street Capital has been in business, the firm has strived to match its clientele with the most efficient mergers through providing advisory services. Madison Street Capital reputation comes from its unique and proactive approach to its clients’ issues. The investment banking entity helps its clients by first comprehending the value of the company. With an accurately reliable picture of a firm’s current state as well as future opportunities, the banking institution is in a better position to identify the best match for its clients. Madison Street Capital has their headquarters based in Chicago.