SSG Advises ACI Sale to Resilience Capital Partners
SSG Capital Advisors acted as the exclusive investment banker to Advanced Communications (ACI) in the sale of substantially all of its assets to an affiliate of Resilience Capital Partners. The sale closed in October 2012.
SSG marketed ACI to a variety of strategic and financial parties to find a partner to provide capital necessary to complete the company’s operational restructuring and strategically expand into new markets.
ACI was sold to Resilience Capital Partners as its first acquisition in the infrastructure services industry and its fifth platform investment in The Resilience Fund III.
Other professionals who worked on the transaction include:
Canton, MI-based ACI is a full-service telecommunications provider of outsourced services to businesses, individuals and governments throughout the Midwest and in select areas in the Northeast and Southeast.
Cleveland, OH-based Resilience Capital Partners is a private equity firm that brings large company resources to the lower middle-market.
SSG Capital Advisors is an independent investment bank that assists middle-market companies in completing special situation transactions.