Items International, Inc. (Airwalk)

Client Profile
Items International (‘Items International’ or the ‘Company’) is a substantial privately-held company which designs and distributes casual footwear to teenagers and young adults.
Situation
Prior to retaining SSG, Items International was constrained in its ability to expand its operations due to a restrictive credit facility with its senior lender.
Solution
SSG was able to deliver a $65.0 million senior credit facility, with a cash flow component, supported by the Company’s trade name that enabled the company to pay off its existing credit facility and provide the company with working capital.