SSG Capital Advisors, LLC ("SSG") acted as the investment banker to DG3 Holdings, LLC ("DG3" or the "Company") and its affiliates in the sale of all of their issued and outstanding equity interests to Resilience Capital Partners ("Resilience"). The transaction closed in June 2016.
DG3 is a leading provider of global print, technology, and visual communication services. DG3 provides its comprehensive graphic and interactive solutions to corporate, financial services, and pharmaceutical firms worldwide. For over thirty years, DG3's focus has been on delivering client-centric, globally integrated solutions to select vertical markets. DG3's management successfully operated, grew and positioned the Company for future growth. The Company strengthened its core business while executing strategic acquisitions to facilitate diversification and future growth opportunities despite operating with a levered balance sheet and multiple draws on cash flow. With limited ability to reinvest in the business, DG3's Board of Directors mandated that the Company explore strategic alternatives to better facilitate ongoing growth.
SSG was retained as DG3's exclusive investment banker to conduct a comprehensive marketing process and contact a broad universe of buyers to achieve an optimal outcome for the Company and its key stakeholders. The process attracted significant interest from the market with Resilience ultimately submitting the most compelling offer to DG3 and its stakeholders. Resilience's purchase enabled the Company to rationalize its balance sheet and facilitate its go-forward growth strategy.
Other professionals who worked on the transaction include:
- Daniel A. Guerin, Walter S. Holzer, Louis R. Hernandez III, Kevin J. Coenen, Andrew Idrizovic, Joanna Lee, Evan C. Palenschat, and Emily Standen of Kirkland & Ellis LLP, counsel to Resilience Capital Partners;
- Daniel J. Eisner, Patrick B. Costello, Drew M. Young, Alexandra Lauvaux and Erin Carney D'Angelo of DLA Piper LLP (US), counsel to Arsenal Capital Partners;
- Philip J. Perzek and Robert G. McElroy of McGuireWoods, LLP, counsel to Chatham Capital;
- Lawrence A. Goldman of Gibbons P.C., counsel to DG3 Holdings, LLC.
SSG Contacts on this deal where:
- Robert C. Smith, Managing Director
- Matthew P. Karlson, Managing Director
- Michael J. Gorman, Director
- Matthew Arden, Associate
- Brian McAuley, Analyst
SSG Capital Advisors is an independent boutique investment bank that assists middle-market companies and their stakeholders in completing special situation transactions. We provide our clients with comprehensive investment banking services in the areas of mergers and acquisitions, private placements, financial restructurings, valuations, litigation and strategic advisory. SSG has a proven track record of closing over 300 transactions in North America and Europe and is a leader in the industry.