BDO Capital Advisors Announces the Partnership of SSAD with Century Capital

Boston, MA – March 11, 2013 – BDO Capital Advisors, LLC is pleased to announce the closing of a transaction between Social Security Advocates for the Disabled, LLC (“SSAD” or the “Company”) and Century Capital Partners. As the exclusive financial advisor to SSAD, BDO Capital prepared a confidential offering memorandum, identified and contacted a targeted group of potential buyers and assisted management in structuring and negotiating the transaction.

SSAD, based in Norwell, Massachusetts, is a leading third-party administrator of disability advocacy serves primarily focused on the long-term disability market. The Company was founded in 1994 by Vic Arruda and Ann Marie Beaudoin who have since led SSAD to its current well-established and respected position. The Company boasts a premier base of leading insurance customers with a nationwide footprint serving thousands of disabled individuals annually.

The investor, Century Capital Partners (“Century”), is the private equity arm of Boston-based investment manager Century Capital Management, LLC. Currently managing approximately $500 million, Century provides buyout capital and growth equity to lower middle market financial services, insurance and healthcare services companies. The capital provided by Century is typically used to fund organic growth initiatives, finance acquisitions and/or provide capital liquidity to shareholders through secondary equity purchases.

BDO Capital Advisors was introduced to SSAD via BDO’s Alliance network. The transaction was overseen by Managing Director Valentina Midura and Senior Associate Patrick Bisceglia from BDO Capital Advisors’ Boston office.

ABOUT BDO CAPITAL ADVISORS, LLC
BDO Capital Advisors, LLC is a leading middle market investment bank that focuses on mergers and acquisitions advisory, capital raising, and board advisory with offices located throughout the United States. The firm has deep industry knowledge, extensive cross-border transaction experience, and superior execution capabilities. BDO Capital Advisors, LLC provides sell-side and acquisition advisory, ESOP advisory, private placements, fairness opinions, and capital markets advisory. The firm has broad industry expertise and contacts having closed transactions within the Manufacturing & Distribution, Consumer, Food & Retail, Healthcare & Life Sciences, Business Services, Energy & Natural Resources, and Technology, Media & Telecom sectors. Our seasoned investment bankers have collectively advised on hundreds of transactions for a variety of clients including family-owned businesses, entrepreneur-led companies, public corporations, and leading private equity firms.

The firm has worldwide access to buyers, sellers, and offshore investors via the Corporate Finance practices of BDO International’s network of independent member firms which have been ranked collectively as a Top 5 global M&A midmarket advisor based on total deal volume announced in 2016, according to Thomson Reuters SDC. BDO International Corporate Finance firms operate in approximately 60 countries with over 2,000 professionals who are able to meet the investment banking needs of clients across the globe.