client_transactions

SSG Client Transactions

Title

Klein Wholesale Distributors
Client Profile

Client Profile

Klein Wholesale Distributors is a $600 million distributor of cigarettes, candy and grocery items to convenience stores and other retailers throughout the northeastern United States.
Situation

Situation

Klein engaged SSG as its financial advisor to explore strategic alternatives, including a sale of the Company.
Solution

Solution

SSG identified Klein's positioning as a key player in the Mid-Atlantic region as an attractive attribute for publicly held CoreMark Holding Company, a $4 billion West Coast based distributor to the same industry. Although CoreMark had penetrated substantially all of the United States, Klein's footprint was geographically an ideal fit to their existing operations. SSG worked to originate, negotiate, structure and close the acquisition of Klein by CoreMark.
June 2006
has acquired substantially all of the assets of
The undersigned acted as Investment Banker to
Klein Wholesale Distributors on this transaction.

Call to learn more

Call to learn more

If you would like to learn more about this transaction, or any of our transactions, call us today.

Philadelphia
(610) 940-1094

Contact by E-mail »

New York
(212) 786-7432

Contact by E-mail »