Daily News: April 18, 2014

SSG Advises Spectral Response Sale to Hunter Tech Affiliate

SSG Capital Advisors acted as the investment banker to Spectral Response in the sale of substantially all of its assets to an affiliate of Hunter Technology. The sale was effectuated through Article 9 of the Uniform Commercial Code and closed in March 2014.

Lawrenceville, GA-based Spectral operates as an electronic manufacturing services (EMS) company that specializes in contract manufacturing of circuit boards and electric components for various commercial and industrial applications.

SSG was retained in November 2013 as Spectral’s investment banker to explore a sale of substantially all of the company’s assets. SSG conducted a comprehensive marketing process which resulted in a wide range of potential buyers, including multiple strategic and financial parties interested in purchasing the Company as a going concern. Hunter submitted an offer that maximized the value of the business and provided the company with long-term support and liquidity to facilitate its future growth.

Milpitas, CA-based Hunter is an EMS provider, focused on delivering specialized design, engineering and manufacturing services.