Background: IPR, with headquarters outside Philadelphia, is a recognized industry leader offering private cloud and infrastructure as service solutions, cloud-based data protection and management services, and a complete range of managed solutions.
Cassel Salpeter:
Served as financial advisor to the Company
Evaluated financing alternatives and provided assistance throughout the due diligence and closing process
Challenges:
Assisting the new management team in determining the optimal amount of capital needed to implement its growth initiatives
Managing the diligence process of a technology company having legacy assets and a diversified product offering and pipeline
Outcome: In February 2014, IPR International received senior debt financing from Elm Park Capital Management, a private credit-focused investment firm.
https://www.casselsalpeter.com/wp-content/uploads/2024/05/CS_Website-Case-Study-Logos_05.03.24_IPR.jpg321385roaradminhttps://www.casselsalpeter.com/wp-content/uploads/2026/05/CasselSalpeter_15thExellence-1.pngroaradmin2014-02-01 17:40:322024-05-03 18:12:35IPR received senior debt financing from Elm Park Capital Management
https://www.casselsalpeter.com/wp-content/uploads/2013/12/FO.jpg866719adminhttps://www.casselsalpeter.com/wp-content/uploads/2026/05/CasselSalpeter_15thExellence-1.pngadmin2013-12-31 22:46:182014-06-04 16:09:24Frederick’s of Hollywood, December 2013
https://www.casselsalpeter.com/wp-content/uploads/2014/01/FA-CoalView-December-2013.jpg866719adminhttps://www.casselsalpeter.com/wp-content/uploads/2026/05/CasselSalpeter_15thExellence-1.pngadmin2013-12-31 22:45:472014-01-03 22:46:09CoalView, December 2013
https://www.casselsalpeter.com/wp-content/uploads/2013/11/UpdatedSummitSlide.jpg866719adminhttps://www.casselsalpeter.com/wp-content/uploads/2026/05/CasselSalpeter_15thExellence-1.pngadmin2013-12-03 17:14:402014-06-12 12:50:29Summit, November 2013
https://www.casselsalpeter.com/wp-content/uploads/2013/09/SafeStitch-August-2013.jpg866719adminhttps://www.casselsalpeter.com/wp-content/uploads/2026/05/CasselSalpeter_15thExellence-1.pngadmin2013-09-06 19:39:362013-09-06 19:39:36SafeStitch, August 2013
https://www.casselsalpeter.com/wp-content/uploads/2013/09/InteliCoat-August-2013.jpg866719adminhttps://www.casselsalpeter.com/wp-content/uploads/2026/05/CasselSalpeter_15thExellence-1.pngadmin2013-09-06 19:39:082013-09-06 19:39:08InteliCoat, August 2013
Background: Headquartered in South Hadley, Massachusetts, InteliCoat develops and markets high-performance imaging products, custom coatings, and laminates, offering digital imaging substrates; fine art and photo media products; digital fine art media products; ink jet media products for the reprographics market; and ink jet proofing media products.
Cassel Salpeter:
Served as financial advisor to the Company
Ran a competitive sales process, identifying and contacting over 50 strategic and financial parties
Challenges:
Deteriorating economics and declining industry dynamics
Changing business model created legacy liabilities with respect to prior manufacturing facilities and lease obligations
Outcome: In August 2013, InteliCoat Technologies Digital Imaging Holdco, Inc., an affiliate of Sun Capital Partners, Inc., was sold to Exopack Holding Corp., an industry leader in precision-coated papers, films, and specialty substrates, based in Spartanburg, SC.
https://www.casselsalpeter.com/wp-content/uploads/2024/05/CS_Website-Case-Study-Logos_05.03.24_InteliCoat.jpg321385roaradminhttps://www.casselsalpeter.com/wp-content/uploads/2026/05/CasselSalpeter_15thExellence-1.pngroaradmin2013-08-01 17:42:182024-05-03 18:12:49InteliCoat Has been acquired by Exopack Holding Corp.
