Press Release

SSG Capital Advisors, LLC advises Kittle’s Home Furnishing Center, Inc., in successfully securing a revolving credit facility.

Founded in 1932, Kittle’s Home Furnishing Center, Inc. (“Kittle’s” or the “Company”) is the largest and oldest independently owned furniture retailer in Indiana. The Company’s stores feature a wide selection of bedroom sets, dining and dinette furniture, sofas, loveseats, recliners, home theater furnishings as well as bedding, accessories and children’s furniture. Building on its brand presence in Indiana, the Company expanded into Ohio in 1996.

Today, Kittle’s has thirteen retail locations operating under six different banners that appeal to a wide base of customers and offer a broad range of price points. The Company’s current stores include six Kittle’s Furniture stores, one Thomasville store, one Kittle’s Outlet, one Kittle’s Studio, three Rooms Express and one Ethan Allen.

Like most durable goods retailers, Kittle’s was negatively impacted by the economic downturn that began in 2007. Despite management’s success in reducing the Company’s cost structure, the Company experienced reduced profitability and constrained liquidity.

SSG Capital Advisors was retained to help the Company manage its existing lender relationship and seek new capital. In a very difficult credit environment, SSG helped deliver a new working capital facility that provided the Company with sufficient liquidity to continue its growth trajectory that was reestablished in the third quarter of 2009.

About SSG Capital Advisors, LLC

SSG is a leading boutique investment banking firm dedicated to representing middle market clients in restructuring and special situations, both in and out of bankruptcy proceedings. SSG provides its clients with comprehensive advisory services in the areas of mergers and acquisitions, financing, financial restructuring and valuation. SSG’s professionals have completed over 150 transactions since 2001 and are leaders in the industry.