School Specialty, Inc. Finalizes Recapitalization and Sale of Business. Suggested site content and search history menu. School Specialty, Inc. Finalizes Recapitalization and Sale of Business Acquired by SSI Acquisition, LLC, an entity formed for the purpose of acquiring the business of School Specialty Inc.; entity to be renamed School Specialty, LLC post-close Transaction led by The TCW Group, Inc.; Cerberus Capital [...] 2021-2022 Education Essentials Catalog. About Lantern Capital PartnersLantern is a special situations merchant bank that provides a combination of tailored capital solutions and restructuring expertise to companies and their stakeholders in times of distress across all market conditions. Everything offered, from crayons to curriculum to complete learning environments, is designed to support educators, raise student outcomes and ultimately, transform more than classrooms. Our tenured teams have experience working collaboratively across asset classes, sectors, and geographies to seek strong risk-adjusted returns for our investors. At its core, School Specialty is a purpose-driven organization. Online Shopping Made Easy from Your Go-To School, Classroom and Educational Supplies Store. As we enter the final months of 2020, while the mix of product and curriculum sales may be different, sales have generally returned to normal levels for this time of year.". School Specialty is a leading provider of educational products and services to the Pre-K- 12 th grade market in the U.S. and Canada. School Specialty is a leading provider of educational products and services to the Pre-K- 12th grade market in the U.S. and Canada. Items Shipped Within the Contiguous 48 United States. But with us, it is. The command was unable to display category "3,074,457,345,616,691,779". Our unique consignment process combined with our world-class marketing team allows us to reach further than any other automotive dealership on the planet. During the financial crisis, school … Due to the COVID-19 pandemic, our showrooms are currently appointment only. The wind-down and dissolution of School Specialty, Inc., to address any assets not acquired or liabilities not assumed as part of the transaction described above, will be managed by Ocean Ridge Capital Advisors. Sale. The TCW Group's Mark Gertzof commented, "TCW and our investment partners look forward to working with the School Specialty team and seeing the business operate from a position of strength as a well-capitalized company." Mr. Bohr further stated, "The transaction not only keeps our business fully intact but restructures our balance sheet in a manner that materially reduces our debt and greatly increases the capital resources available to our Company. Free Shipping Eligible Items. For more information, visit https://corporate.schoolspecialty.com/ or connect with us on Facebook, Twitter, Instagram, and Pinterest. For more information, please visit www.lanternam.com. 2021-2022 Learning Environments Furniture & Equipment Catalog. Created ideally for teachers, parents, resource specialists and more. " School Specialty Shipping Policy. Our entire organization appreciates the support they have provided, and we look forward to working with them as we pursue our strategic growth initiatives." Get Code 18. schoolspecialty Registration Information, find out exactly which data School Specialty stores about you when you sign up. These include trusted national brands, as well as well-recognized proprietary brands, like Sax art products, Childcraft furniture and FOSS Science Curriculum. For more information, please visit www.tcw.com. Find the latest news headlines from School Specialty, Inc. (SCOO) at Nasdaq.com. School Specialty How do I Feel?. School Specialty Curriculum groups are lead by EPS (Educators Publishing Service) for literacy, RTI, vocabulary, and common core reading solutions Please refine your selection. School Specialty serves the U.S. and Canada through a comprehensive network of distribution centers powered by a multi-channel approach. SHOP CATALOG. Free shipping and handling on eligible supply orders of $49 or more. About CerberusFounded in 1992, Cerberus is a global leader in alternative investing with over $45 billion in assets across complementary credit, private equity, and real estate strategies. At Specialty Sales Classics, we have revolutionized the way both collectors - and daily drivers - buy and sell classic, exotic and performance automobiles all over the world. School Specialty has their own Special Offers section on the website so check there to find out where their current promotional offers are. Free shipping and handling on eligible supply orders of $49 or more. All rights reserved. With more than four decades of investment experience, TCW today manages approximately $225 billion in client assets. 0 Interested. The Boulder Group, a net leased investment brokerage firm completed the sale of a single tenant School Specialty, Inc. location at 100 Paragon Parkway in Mansfield, Ohio for $10,500,000. | Benicia, CA. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. A free inside look at School Specialty salary trends based on 339 salaries wages for 192 jobs at School Specialty. © 2021 Insider Inc. and finanzen.net GmbH (Imprint). 2021-2022 Classroom Resources Catalog A high-level overview of School Specialty, Inc. (SCOO) stock. Learn More 1-800-600-2262; Pleasanton, CA. School Specialty, Inc., a provider of educational products and services from the Pre-K-to-12th grade market in the U.S. and Canada., announced that substantially all its assets have been acquired by SSI Acquisition, LLC, an entity formed by TCW Asset Management Company, LLC, Cerberus Capital Management, and Lantern Capital Partners. Hosted by. MORE+. GREENVILLE, Wis., Sept. 15, 2020 /PRNewswire/ -- School Specialty, Inc., a leading provider of educational products and services to the Pre-K- 12th grade market in the U.S. and Canada., today announced that substantially all its assets have been acquired by SSI Acquisition, LLC, an entity formed by TCW Asset Management Company, LLC, Cerberus Capital Management, and Lantern Capital Partners. Now financed through May 31, School Specialty will proceed on a dual path toward a sale or reorganization, attorney Jeffrey D. Saferstein of Paul Weiss told the court. | Fairfield, CA. Any inquiries relating thereto should be directed to Mr. Brad Scher at (914) 235-1075. Through the MetWest Funds and TCW Funds families, TCW manages one of the largest mutual fund complexes in the U.S. TCW's clients include many of the world's largest corporate and public pension plans, financial institutions, endowments and foundations, as well as financial advisors and high net worth individuals. About The TCW Group, IncTCW is a leading global asset management firm with a broad range of products across fixed income, equities, emerging markets and alternative investments. Find ideas, resources and inspiration by visiting our blog: https://blog.schoolspecialty.com/. This item has been successfully added to your list. A free inside look at company reviews and salaries posted anonymously by employees. Acquired by SSI Acquisition, LLC, an entity formed for the purpose of acquiring the business of School Specialty Inc.; entity to be renamed School Specialty, LLC post-close. 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