SSG Capital Advisors LLC

SSG Capital Advisors, LLC served as the investment banker to Pegasus Home Fashions, Inc. and its affiliated entities in the private placement of a $25 million revolving credit facility with Ares Management, LLC. The financing enabled Pegasus to refinance existing indebtedness and will provide additional capital for growth. The transaction closed in July 2024. SSG deal team members included Craig Warznak, J. Scott Victor, Teresa Kohl, Alexander Lamm and Sam Charlton. Read the full announcement here https://lnkd.in/ezB6tKkb.

SSG Capital Advisors was named a 2024 Outstanding Investment Banking Firm by the Beard Group’s Turnarounds & Workouts publication. We are proud of SSG’s investment banking professionals and the Firm’s performance and are honored to receive this recognition again. For over two decades, and over 450 closed transactions, we have been privileged to help forge a path ahead for middle market companies and their stakeholders facing special situations, including complex financial, operational, legal, and capital structure challenges.  

SSG Capital Advisors, LLC served as the investment banker to ICON Aircraft, Inc. in the sale of substantially all assets to an affiliate of Dürkopp Adler GmbH. The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the District of Delaware. The transaction closed in June 2024. SSG deal team members included Neil Gupta, Matthew Karlson, Mark Chesen, Patrick Swanick and Nick Vernacchio. Read the full announcement here https://lnkd.in/e-Xx7G5X.

SSG Capital Advisors is proud to sponsor the 2024 Mid-Atlantic Bankruptcy Workshop, to be held on August 5-7, 2024, in Maryland. The annual event attracts the top corporate restructuring professionals from across the region. SSG Senior Vice President Craig Warznak is an Advisory Board Member for the conference. Connect with Managing Director Neil Gupta and Senior Vice President Craig Warznak at the conference.

SSG Capital Advisors, LLC served as the investment banker to George L. Miller, the Chapter 7 Trustee of Gelesis Holdings Inc. and certain affiliates, in the sale of substantially all assets to an affiliate of Theras Group S.r.l., T-Investments S.r.l., and Andromeda Energy S.r.l. The transaction closed in July 2024 pursuant to a Section 363 sale process in the U.S. Bankruptcy Court for the District of Delaware. Read the full announcement here https://lnkd.in/d6tM3YQB.

SSG Capital Advisors, LLC served as the investment banker to Eiger BioPharmaceuticals, Inc. in the sale of Avexitide and its related clinical assets to Amylyx Pharmaceuticals, Inc. The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the Northern District of Texas (Dallas Division). The transaction closed in July 2024. Read the full announcement https://lnkd.in/gqQQZm2M

SSG Capital Advisors, LLC served as the investment banker to Contract Pharmaceuticals Limited Canada and its affiliates in its restructuring and sale to Aterian Investment Partners via a Reverse Vesting Order. The sale was effectuated through the Companies’ Creditors Arrangement Act (Canada) in the Ontario Superior Court of Justice, and an ancillary Chapter 15 proceeding in the U.S. Bankruptcy Court for the District of Delaware. The transaction closed in June 2024. To read more about this transaction, visit https://lnkd.in/g9WDNDmr

Managing Director Neil Gupta will participate in the “In a World Full of Bankruptcy, What Alternatives Exist?” panel at the Association of Insolvency & Restructuring Advisors’ 40th Annual Bankruptcy & Restructuring Conference on June 7 in Baltimore. Other panelists include Laura Davis Jones, Partner, Pachulski Stang Ziehl & Jones LLP; Matt Sorenson, DSI Consulting; and Geoff Winkler, CEO, American Fiduciary Services.   The panel will discuss the ins and outs of wind-down alternatives and important factors in deciding which alternative to pursue.   For more information about Neil, visit https://lnkd.in/eKdNxcP9.

SSG Capital Advisors is proud to sponsor the 2024 TMA Mid-Atlantic Regional Symposium hosted by the TMA Philadelphia/Wilmington, New Jersey, and Chesapeake Chapters. Our firm is committed to supporting the corporate restructuring industry through sponsorships and volunteering, and SSG Managing Director Neil Gupta serves on the sponsorship committee of the Symposium. We look forward to connecting with you in Atlantic City. For more information on SSG Capital Advisors, please visit ssgca.com.

SSG Capital Advisors, LLC served as the investment banker to Eiger BioPharmaceuticals, Inc. in the sale of substantially all of its assets related to the FDA-approved drug Zokinvy®, to Sentynl Therapeutics, Inc. The transaction closed in May 2024 through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the Northern District of Texas (Dallas Division). For more information, visit https://lnkd.in/eJvKa9nm.