Global Financial Press

Client Profile
Global Financial Press (“Global” or the “Company”) is one of the largest financial printers in the United States with offices in New York, Philadelphia, Washington DC, Fort Lauderdale and Miami.
Situation
The Company filed for Chapter 11 bankruptcy protection as a result of a soft market for financial printing, the loss of key personnel and excessive growth over a short period of time.
Solution
The SSG Group of Berwind acted as the exclusive financial advisor to Global Financial Press, both prior to, and during the Chapter 11 bankruptcy proceeding. The SSG Group also initiated the transaction whereby substantially all of the assets of Global Financial Press as a going concern were sold to Burrups Packard, Inc., through Section 363 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Eastern District of Pennsylvania in Philadelphia.