SSG Capital Advisors acted as the investment banker to Republic Storage Systems in the Article 9 sale of a substantial portion of Republic’s operating assets to an affiliate of Echelon Capital. The transaction closed in April 2015.

The company retained SSG to explore strategic options, including a sale of substantially all of the company’s assets. Working under an extremely tight timeline, SSG began the marketing process, identified a strategic buyer, assisted in the negotiations of the Article 9 sale and closed the transaction within six weeks from initial engagement. SSG’s experience in identifying buyers and running an expedited sales process were critical to the successful closing of the transaction.

Echelon is a manufacturing group focused primarily on metal fabrication, which owns companies that operate under the Lyon, Viking Metal Cabinet, Precision Quincy Ovens and Austin-Westran brands.

Canton, OH-headquartered Republic is a manufacturer of lockers, shelving and other storage products.