Daily News: August 16, 2013

SSG, Cole Taylor Arrange $18.4MM Facility for DG3 Holdings

SSG Capital Advisors acted as the exclusive investment banker to DG3 Holdings in the placement of a financing package which enabled DG3 to refinance senior debt and generate additional liquidity. The transaction closed in July 2013.

DG3 is a global provider of sophisticated visual communications services to corporations and organizations around the globe, including advanced digital marketing solutions, printing solutions, compliance solutions, managed services and document solution services.

After reaching out to a broad market of commercial banks, finance companies, hedge funds and other alternative financing sources, SSG was able to obtain multiple term sheets reflecting various deal structures. SSG, working with management, negotiated and ultimately selected a financing package from Cole Taylor Business Credit. The new facility, comprised of a $14 million revolver and a $4.4 million senior term loan, will allow DG3 to execute on a number of key growth strategies and initiatives.

SSG Capital Advisors is an independent boutique investment bank that assists middle-market companies and their stakeholders in completing special situation transactions.

Previously on abfjournal: Cole Taylor Business Credit Refinances DG3 Debt, July 9, 2013