Windsor Service, Inc.

Client Profile
Windsor Service, Inc. (“Windsor” or the “Company”), is a Pennsylvania-based paving contractor and manufacturer of asphalt paving materials, owning two asphalt plants and real estate development interests and a dominant market share.
Situation
Windsor Service, Inc. sought a strategic buyer for its corporation due to working capital constraints.
Solution
SSG was the exclusive financial advisor to Windsor and, as such, sourced multiple offers and indications of interest; advised the company on offers and participated in negotiations; obtained forbearance agreement extension from the Company’s existing lender; participated in the restructuring of their subordinated notes and identified interim senior financing to provide the company with additional working capital to bridge to the sale closing.