client_transactions

SSG Client Transactions

Title

Jorgensen Forge Corporation
Client Profile

Client Profile

Jorgensen Forge Corporation ("Jorgensen" or the "Company"), is a $35 million forger of bars, blocks, discs, and sleeves, as well as seamless rolled rings and various shafting configurations. The Company also operates a melt shop that produces ingots and billets consumed in its forging operation and sold to third-parties.
Situation

Situation

Following an operational turnaround and improved market conditions, Jorgensen sought to resolve obligations to its senior lender and provide ongoing working capital for its business.
Solution

Solution

Working under a demanding timeline, SSG Capital was successful in facilitating the sale of the Company’s senior debt obligations to a strategic lender. The transaction was completed in September 2004.
September 2004
Sale of Debt
has completed a sale of its Senior Debt
to a Strategic Purchaser
The undersigned acted as Financial Advisor to
Jorgensen Forge Corporation on this transaction.

Call to learn more

Call to learn more

If you would like to learn more about this transaction, or any of our transactions, call us today.

Philadelphia
(610) 940-1094

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New York
(212) 782-3755

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