client_transactions

SSG Client Transactions

Title

Riverside Millwork Company, Inc.
Client Profile

Client Profile

Riverside Millwork Company, Inc. ('RIVCO' or the 'Company') is the largest volume assembler and specialty distributor of millwork products in New England. The Company assembles and distributes hundreds of different products including, but not limited to windows, doors, kitchens, moldings, pine boards, stair components and exterior decking and railing systems.
Situation

Situation

RIVCO was a non-debtor subsidiary of Summit Metals, Inc. in the District of Delaware. As a result of an IRS tax lien, the Company was operating under a forbearance agreement with its senior lender.
Solution

Solution

SSG's professionals were engaged to sell RIVCO, in order to provide liquidity to the estate of Summit Metals. SSG's professionals assisted the Chapter 11 Trustee in the sale of the Company's assets to RHC Acquisition, Inc. The transaction closed in November, 2005.
November 2005
has sold substantially all of its assets to
RHC Acquisition, Inc.
The undersigned acted as Investment Banker to the Chapter 11 Trustee for Riverside Millwork Company's parent, Summit Metals, Inc. 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

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New York
(212) 786-7432

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