All-Star Bleachers Manufacturing has continued operations through a transaction with Vesper Corporation
All-Star Bleachers Manufacturing, Inc. – This Florida-based manufacturer of aluminum bleachers was cash strapped after investing significant capital to build a new office and production facility. In addition, issues related to two NASCAR track projects caused them to lose their bonding and, with it, their ability to quote future work.
After filing chapter 11, the company hired SC&H Capital to market the business for sale. After generating offers from four groups a sale was confirmed and closed. Shareholders and employees remained with the new company and operations continue in the same facility which the buyer leases from the previous shareholders.