Stamford, CT – September 23, 2025: TrueNorth Capital Partners LLC is pleased to announce that its wholly owned subsidiary, TNCP, LLC (“TrueNorth”) acted as the exclusive financial advisor and placement agent to S&S Worldwide Inc. (“S&S”) in the refinancing of its secured debt. Eric Henzy of Zeisler & Zeisler PC acted as counsel to S&S.

Pathward, N.A.® provided a line of credit secured by first liens on the tangible and intangible personal assets and equity interests of S&S and Briar Capital provided the mortgage on the real estate of S&S. The new debt facilities refinanced existing loan obligations and provide liquidity for general working capital needs and future growth.

TrueNorth is a boutique investment bank comprised of senior bankers providing a full complement of middle-market financial advisory services. TrueNorth’s bankers have completed hundreds of M&A (both sell-side and buy-side), capital-raising, and restructuring transactions across a broad range of industries.

Any further inquiries can be directed to TrueNorth at the contact information provided below:

Jeff Gaynor, Managing Director

Stamford Office

Direct Dial Phone Number: (203) 817.0277
E-mail address: jgaynor@truenorthcp.com

About S&S Worldwide Inc.:
S&S, established more than 115 years ago, is recognized as the premier designer, importer and distributor of educational and recreational products for the institutional and direct to consumer markets. S&S distributes arts and crafts, PE supplies, school supplies and furniture – offering a catalog of approximately 6,500 items. Significant customers include educational institutions (schools), recreational organizations (camps, after school programs) and healthcare organizations (nursing homes), however, the company has a growing channel through resellers and online marketplaces. S&S distinguishes itself from its competition by providing a level of customer service that others will not, or cannot, deliver. Through its wholly owned subsidiary, Steps to Literacy, the Company markets classroom libraries, specializing in providing a curated selection of books matched to the institution’s educational goals.

About TrueNorth Capital Partners LLC:
TrueNorth provides advisory services to companies seeking advice for middle-market M&A and financing transactions. With offices in Stamford CT, Charleston SC, Central NJ, Minneapolis MN, Tokyo Japan, and London UK, TrueNorth is a boutique investment bank comprised of senior bankers providing a full complement of financial advisory services. Our focus on the middle-market enables us to provide independent, value-added advisory services to privately held middle-market companies, private equity and family office groups and corporate clients, both domestic and international, across a broad range of industries. TrueNorth conducts its securities related business through its wholly owned subsidiary, TNCP, LLC, member FINRA/SIPC.

About Scout Valuations LLC:
Scout Valuations, a wholly owned subsidiary of TrueNorth, is fully dedicated to business valuation. We provide thorough, independent valuation analyses together with superior client service and responsiveness. Our analyses combine a detailed understanding of the business, industry, and economic context, with the insight to address complex valuation issues regarding your business.

About Pathward®
Pathward, N.A.®, a national bank, is a subsidiary of Pathward Financial, Inc. (Nasdaq: CASH). Pathward is focused on financial access and strives to increase financial availability, choice and opportunity across our Partner Solutions and Commercial Finance business lines. The strategic business lines provide support to individuals and businesses. Learn more at Pathward.com.