Daily News: January 16, 2013

SSG Capital Announces Promotions

SSG Capital Advisors announced the promotion of Michael J. Gorman, Terry Kohler, and Luis A. Pillich to director. As directors, they will be responsible for practice development, cultivating and maintaining referral sources and client relationships, as well as leading investment banking transactions. They are based in the firm’s West Conshohocken, PA headquarters.

“We are pleased to promote these exceptional professionals,” said J. Scott Victor, managing director. “SSG has a culture of fostering talent internally and Mike, Terry and Luis are among the best and brightest of the next generation of leaders in the restructuring industry. On behalf of everyone at SSG, I congratulate them on this achievement.”

Each of the three new directors has extensive special situations investing banking experience and each has completed dozens of transactions.

Michael Gorman advises middle market companies facing financial or operational challenges and has deep experience with publicly-traded and privately-held companies in the manufacturing, distribution, building materials and aviation industries.

His recent engagements include the Article 9 sale of Advanced Communications, §363 cross-border sale of Blitz U.S.A., sale of global market leader Burner Systems International, §363 cross-border sale of BroadSign International and Article 9 sale of Weaber, Inc.

Terry Kohler oversees buyer and investor relations and strategic advisory for special situations clients in the agriculture, retail, manufacturing and energy/natural resources industries.

His recent engagements include the Chapter 11 sale of the resort assets and certain real property for Wisp Resort, sale of not-for-profit Lower Bucks Hospital, private placement to facilitate an acquisition by Watermill Group, financial restructuring of Whitlock Packaging Corp. and §363 sale of global leader Hussey Copper.

Luis Pillich advises middle market clients in special situations and bankruptcy proceedings and focuses on the retail, distribution, media and telecommunications industries.

His recent engagements include the §363 sale of TCIM Services, Inc., private placement for Smooth Fitness, §363 sale of American Laser Skincare and sale of Next Generation Vending and Food Service, Inc.

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