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PE-backed unit acquires School Specialty's entire assets

Sep 17, 2020 - SNL Financial
Mergers and Acquisitions

SSI Acquisition is an entity formed by buyout firms Cerberus Capital Management and Lantern Capital Partners with TCW Asset Management.

SSI Acquisition LLC bought substantially all the assets of School Specialty Inc.

SSI Acquisition is an entity formed by TCW Asset Management Co. LLC, together with private equity firms Cerberus Capital Management LP and Lantern Capital Partners LP.

The company, which will now operate as School Specialty LLC, offers educational products and serv...