Daily News: March 4, 2014

SSG Capital Announces Global Alliance of Special Situations M&A

SSG Capital Advisors announced the formation of Global Special Situations M&A along with founding partner firms, Saxenhammer & Co., based in Germany, and Teak Capital Corp., located in Singapore and Thailand.

GSSMA is a global alliance of investment banking firms with a unique focus on special situations transactions, including mergers and acquisitions, corporate finance, capital raising, valuation, financial restructuring and bankruptcy/insolvency advisory.

The Alliance will enhance each member firm’s international deal execution capabilities by providing access to a direct local presence in several markets across the globe to help identify foreign buyers or investors and navigate the complex legal and cultural issues that often accompany cross border transactions. In addition, the Alliance will allow GSSMA member firms to better market their services globally through cross-referrals and joint pitches and engagements.

GSSMA was co-founded by SSG Managing Director Michael S. Goodman.

“In an increasingly interconnected world, we wanted to enhance SSG’s international capabilities while still maintaining the culture and personal touch of a boutique firm. Our co-founding partner firms share this same perspective. GSSMA is currently in discussions with new members, with the ultimate goal of having a single partner in every global financial center,” said Goodman.

All investment banking services will be provided through participating GSSMA member firms. SSG is the sole representative for the U.S.