Background: Headquartered in Delray Beach, FL, S&H Solutions provides a software loyalty platform that enables retailers to create, manage, and enhance customer loyalty programs anddeliver real-time, personalized marketing and shopper insights. The Company is a descendant of S&H Green stamps, widely known as the original loyalty marketing program that distributed billions of stamps that consumers collected and redeemed for merchandise.
Cassel Salpeter:
Was mandated to sell S&H on behalf of the parent Company
Ran a competitive sales process, identifying and contacting over 100 strategic and financial parties
Challenges:
Potential contingent liabilities
Changing business model towards SaaS based revenue
S&H business relationship with parent’s other businesses
Non-core operation of parent, operating within a rapidly changing technology environment
Outcome: In April 2012, S&H Solutions was sold to ProLogic Redemption Solutions, a portfolio company of Marlin Equity Partners and one of the industry’s largest clearinghouses for manufacturer coupons.
https://www.casselsalpeter.com/wp-content/uploads/2024/05/CS_Website-Case-Study-Logos_05.03.24_Solutions.jpg321385roaradminhttp://www.casselsalpeter.com/wp-content/uploads/2021/05/CS-Logo-for-Assets-Post-10-Year-Branding_Website_04.28.21_Draft01.pngroaradmin2012-04-01 17:44:542024-05-03 18:14:17S&H Solutions has been acquired by ProLogic Redemption Solutions
Served as financial advisor to the company and facilitated the deleveraging of its balance sheet via both a capital infusion and a debt-for-equity exchange offer with existing debt holders.
Manufacturer of equipment involved in the production of chlorine gas and bleach.
Assisted company and secured creditors in the 363 sale process, resulting in the successful sale to Chicago-based hedge fund Victory Park Capital. Served as financial advisor to secured creditors (multiple parties), and assisted company in proceedings and sale.
Commercial airline servicing daily routes among destinations in Florida, the Bahamas, the Midwest, and other locations.
https://www.casselsalpeter.com/wp-content/uploads/2024/05/CS_Website-Case-Study-Logos_05.03.24_GA.jpg321385adminhttp://www.casselsalpeter.com/wp-content/uploads/2021/05/CS-Logo-for-Assets-Post-10-Year-Branding_Website_04.28.21_Draft01.pngadmin2011-01-01 12:46:492024-05-03 18:15:03Restructuring and 363 Sale for Gulfstream International Airlines
Served as financial advisor to the company, completing its sale to ITW (Illinois Tool Works Inc.).
Designs, manufactures and installs material handling systems and equipment to facilitate the automated inserting, assembly, bundling and movement of newspapers from the printing press to the delivery truck.
https://www.casselsalpeter.com/wp-content/uploads/2024/05/CS_Website-Case-Study-Logos_05.03.24_QUIPP.jpg321385adminhttp://www.casselsalpeter.com/wp-content/uploads/2021/05/CS-Logo-for-Assets-Post-10-Year-Branding_Website_04.28.21_Draft01.pngadmin2008-03-01 12:54:202024-05-03 18:15:19Mergers and Acquisitions: Sell Side for Quipp
Served as financial advisor to the company, completing a sale of Quantitative Radiology, srl, its technology assets, and intellectual property in Italy.
Manufacturer engaged in designing, developing, manufacturing and distributing equipment for generating, capturing and producing medical and dental diagnostic images.
https://www.casselsalpeter.com/wp-content/uploads/2024/05/CS_Website-Case-Study-Logos_05.03.24_AFP.jpg321385adminhttp://www.casselsalpeter.com/wp-content/uploads/2021/05/CS-Logo-for-Assets-Post-10-Year-Branding_Website_04.28.21_Draft01.pngadmin2007-04-01 17:32:172024-05-03 18:15:32Mergers and Acquisitions: Buy Side for AFP Imaging
Served as financial advisor to the company completing 5 buy-side transactions over a 3 year period.
Foremost supplier of paper, plastic, chemical, foam, and janitorial supplies servicing the Eastern United States, Puerto Rico, and the Caribbean.
https://www.casselsalpeter.com/wp-content/uploads/2012/08/Screen-Shot-2016-10-17-at-11.35.30-AM.png250250adminhttp://www.casselsalpeter.com/wp-content/uploads/2021/05/CS-Logo-for-Assets-Post-10-Year-Branding_Website_04.28.21_Draft01.pngadmin2006-12-01 12:59:012020-12-08 14:44:41Mergers and Acquisitions: Buy Side for DadePaper
Background: Headquartered in Delray Beach, FL, S&H Solutions provides a software loyalty platform that enables retailers to create, manage, and enhance customer loyalty programs anddeliver real-time, personalized marketing and shopper insights. The Company is a descendant of S&H Green stamps, widely known as the original loyalty marketing program that distributed billions of stamps that consumers collected and redeemed for merchandise.
