The Jay Group

has acquired

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ABOUT THE COMPANY:

The Jay Group is a premier Pennsylvania-based provider third-party logistics services – including fulfillment, contract and specialty packaging, e-commerce and inventory management, and supply chain solutions. The Company has a presence in the consumer packaged goods, healthcare, and aerospace industries.

SITUATION:

The Jay Group used its own cash flow to purchase land and build two large distribution and fulfillment facilities while consolidating several smaller and less inefficient facilities. These new facilities were completed around the start of the recession in 2008 – and by 2009 the Jay Group had lost several major customers and was struggling to meet its financial covenants.

ENGAGEMENT:

G2 was engaged on a multi-phase mandate to execute both an operational and a financial turnaround, as well as to advise on potential M&A activity based on the outcome of the revitalization efforts. G2 assisted with right-sizing the company – including the outright sale of one of the Company’s two large facilities – and advised on a strategic merger with two distressed portfolio companies of Seacoast Capital.

OUTCOME:

The Company successfully acquired two portfolio companies of Seacoast Capital in 2013 – and has since continued to perform well and exceed its growth plans.

DEAL TEAM:

SUB-SECTOR

eCommerce Fulfillment

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