Arrow Material Services

has sold the majority of its assets to

ABOUT THE COMPANY:

Arrow Material Services, LLC (“Arrow” or the “Company”) based in Sewickley, Pennsylvania, was a provider of transloading services operating over 24 terminals in over 15 states throughout the United States. The Company provides material handling, logistics, transload, secure bulk commodity storage, and facility construction services to customers. The Company also operated EMS Management, LLC (“EMS”) providing environmental cleaning solutions to rail, marine and terminal assets throughout North America, based out of Houston, Texas.

SITUATION:

In summer 2019, following liquidity and operational challenges, Arrow sought additional interim management and strategic support and engaged G2 Capital Advisors (“G2”) to provide various advisory services.

ENGAGEMENT:

G2 served as the Chief Restructuring Officer of the Company, developing and executing restructuring initiatives as interim management and managing liquidity on a day to day basis. In the summer of 2019, G2 also supported Arrow’s divestiture processes, leading efficient and expeditious transaction execution processes.

OUTCOME:

G2 executed a tailored transaction process resulting in the signing of an asset purchase agreement in August 2019 to Precision Terminal Logistics, LLC (“PTL”), an entity jointly owned and operated by affiliates of Anacostia Rail Holdings Co. (“ARH”) and Brown Brothers Harriman Capital Partners (“BBHCP”). The transaction was successfully completed with PTL acquiring 23 transload facilities in 15 states in September 2019.