Yerger Brothers, Inc.
Yerger Brothers was a privately held furniture manufacturer selling to the large office supply retail chains throughout the country.
Yerger Brothers faced strong competition from well-heeled competitors, which dramatically eroded their profit margins. At the time of SSG’s retention, Yerger Brothers faced a liquidity crisis.
SSG contacted both strategic and financial buyers, who were interested in acquiring Yerger Brothers. Ultimately, Great Connections Inc., a strategic buyer, acquired Yerger Brothers, which allowed the combined operation to reduce its own overhead structure and more effectively compete in the marketplace.