Saybrook Corporate opportunity funds

STRATEGY

Saybrook Corporate Opportunity Funds focused on investments in lower middle market companies with operational or capital structure complexity. We have made 24 investments since inception with a focus on supply chain related industries, but also including consumer packaged goods, staffing, specialty foods, construction equipment rental and composite materials. The catalyst for the investment opportunity can be financial or operational distress, a complicated capital structure involving difficult-to-value securities or a dysfunctional ownership group.

Our goal in each situation is to seek to establish the downside protection of a debt investment while creating the potential for an equity-type return. We view management as critical to the success of each of our investments. When we have a successful outcome, we seek to have management win alongside us.

PROCESS

We typically make two types of investments: We purchase debt and illiquid equity interests in the secondary market; and we invest directly in companies that are unable to access capital from traditional sources.

We typically structure our investments to benefit from a combination of seniority, collateral protection and current income, and we search for situations in which we can invest at a discount to intrinsic value. Our team conducts a thorough due diligence process which typically involves input from 3rd-party industry experts that are independent of the company which we are evaluating.

We employ an activist approach to restructuring situations, and we have substantial operational resources that we are prepared to commit to our portfolio companies. Our funds usually invest $8 - $15 million in each situation, and we target companies in the business services, consumer, healthcare and manufacturing sectors.

SUCCESS

Our funds have been making special situations investments in companies since 2008. We have made 24 investments since inception in sectors including supply chain logistics, packaging, oilfield equipment, staffing, consumer products, food, construction equipment rental and composite materials. Our investors include high net worth families, foundations, endowments, insurance companies and public pension funds.

CURRENT INVESTMENTS

Featured
AGY HOLDING CORP.

AGY HOLDING CORP.

AGY Holding Corp. is a manufacturer of advanced glass fibers and other specialty materials used in applications such as aircraft laminates, ballistic armor, roofing membranes, architectural fabrics and electronics.

Pyxus International Inc.

PYXUS INTERNATIONAL INC.

Pyxus International Inc. (p.k.a. Alliance One International, Inc.) is the second largest global tobacco distributor with 40% market share (excluding China and integrated manufacturers), 35 facilities around the world serving over 90 countries.

GLOBAL INFRASTRUCTURE SOLUTIONS INC.

GLOBAL INFRASTRUCTURE SOLUTIONS INC.

Global infrastructure Solutions, Inc. is a leading full-service general contractor/construction manager to clients across the Northeast, Southwest, the UK and Ireland. The Company provides interior/fit-out and repositioning/renovation services in addition to exterior/core-and-shell construction to several end-markets.

RGP / ACCRETIVE SOLUTIONS, INC.

RGP / ACCRETIVE SOLUTIONS, INC.

RGP / Accretive Solutions are a global provider of accounting, fiancé, governance/compliance, staffing and other advisory services.

SCHOOL SPECIALTY, INC.

SCHOOL SPECIALTY, INC.

School Specialty, Inc. is the largest national distributor of educational products and solutions serving the preK-12 market with instructional solutions ranging from basic school supplies to standards-based supplemental and curriculum products.

SOMETHING SWEET, INC.

SOMETHING SWEET, INC.

Something Sweet, Inc. produces private-label desserts for many of the leading supermarkets and mass merchant stores in the Northeast United States.

TAYLORED SERVICES, LLC

TAYLORED SERVICES, LLC

Taylored Services, LLC is a port-based, third-party logistics provider that specializes in providing warehousing, fulfillment, transportation and related value-added services to support a variety of customers throughout the U.S.

TOTAL TRANSPORTATION SERVICES, INC.

TOTAL TRANSPORTATION SERVICES, INC.

Total Transportation Services, Inc. is a leading provider of drayage and third-party logistics services at various ports of entry across the United States and logistics services for large infrastructure projects.

REALIZED INVESTMENTS

Featured
AMES AMES is the leading rental provider and manufacturer of automated tools for the finishing of drywall. The Company has over 175 owned and franchise rental locations across the U.S.

AMES

AMES is the leading rental provider and manufacturer of automated tools for the finishing of drywall. The Company has over 175 owned and franchise rental locations across the U.S.

BANKRUPTCY MANAGEMENT SOLUTIONS INC. Bankruptcy Management Solutions, Inc. is the leading provider of case management and deposit services to Chapter 7 bankruptcy trustees in the United States.

BANKRUPTCY MANAGEMENT SOLUTIONS INC.

Bankruptcy Management Solutions, Inc. is the leading provider of case management and deposit services to Chapter 7 bankruptcy trustees in the United States.

IPAYMENT INC. iPayment, Inc. provides credit and debit card payment processing services to small merchants in the United States.

IPAYMENT INC.

iPayment, Inc. provides credit and debit card payment processing services to small merchants in the United States.

IWCO DIRECT INC. IWCO Direct, Inc. provides direct marketing solutions focused on customer acquisition, retention and engagement, to many of the largest financial services, media and consumer products companies in the U.S.

IWCO DIRECT INC.

IWCO Direct, Inc. provides direct marketing solutions focused on customer acquisition, retention and engagement, to many of the largest financial services, media and consumer products companies in the U.S.

MSX INTERNATIONAL INC. MSX International, Inc. provides business process outsourcing services to the global automotive industry.

MSX INTERNATIONAL INC.

MSX International, Inc. provides business process outsourcing services to the global automotive industry.

PACKAGING DYNAMICS CORPORATION Packaging Dynamics Corporation produces coated paper packaging and other products.

PACKAGING DYNAMICS CORPORATION

Packaging Dynamics Corporation produces coated paper packaging and other products.

SLEEP INNOVATIONS INC. Sleep Innovations, Inc. is the 2nd-largest manufacturer of visco-elastic (commonly referred to as “memory foam”) mattresses and pillows in the United States.

SLEEP INNOVATIONS INC.

Sleep Innovations, Inc. is the 2nd-largest manufacturer of visco-elastic (commonly referred to as “memory foam”) mattresses and pillows in the United States.

SOUTHERNCARE INC. SouthernCare, Inc. is the 3rd-largest provider of hospice care in the United States.

SOUTHERNCARE INC.

SouthernCare, Inc. is the 3rd-largest provider of hospice care in the United States.

STRUM FOODS INC. Sturm Foods, Inc. produces private-label hot cereal and powdered drink mixes for many of the largest food retailers in the U.S.

STRUM FOODS INC.

Sturm Foods, Inc. produces private-label hot cereal and powdered drink mixes for many of the largest food retailers in the U.S.

TEGRANT CORPORATION Tegrant Corporation manufactures customized packaging for consumer goods and industrial applications.

TEGRANT CORPORATION

Tegrant Corporation manufactures customized packaging for consumer goods and industrial applications.

TITAN SPECIALTIES LTD. Titan Specialties, Ltd. manufactures perforating guns and charges and other oilfield equipment.

TITAN SPECIALTIES LTD.

Titan Specialties, Ltd. manufactures perforating guns and charges and other oilfield equipment.

WESTERN EMULSIONS INC. Western Emulsions, Inc. is a leading manufacturer of asphalt-related pavement rejuvenation and resurfacing products and services in the Western United States.

WESTERN EMULSIONS INC.

Western Emulsions, Inc. is a leading manufacturer of asphalt-related pavement rejuvenation and resurfacing products and services in the Western United States.

INVESTOR RELATIONS

Ultimus Fund Solutions (“Ultimus”), formerly known as Woodfield Fund Administrators, is our fund administrator. If you are an investor in our Saybrook Corporate Opportunity Funds, you can reach out to Ultimus at the below number and email address. Additionally, you can access your statements off of their investor portal (link provided below).

Ultimus Fund Solutions
Becca Fiske
847.255.3500
saybrook@woodfieldllc.com