Miller & Hartman
Miller & Hartman (‘Miller’ or the ‘Company’) is a $1.0 billion distributor of cigarettes, candy and grocery items to convenience stores providing services throughout the eastern United States.
SSG acted as the exclusive financial advisor in exploring both a refinancing of the business and a sale of the Company.
Financing alternatives proved to be limited, thus, SSG focused on developing a strategy to sell each of the three divisions separately to maximize value to the stakeholders. SSG coordinated the three simultaneous sale transactions of the divisions to preserve both confidentiality and the enterprise value of the operations.