UPFRONT

BBH Files Bankruptcy, Selling

WHEELING, IL—Böwe Bell + Howell (BBH) announced that it has entered into an asset purchase agreement with Versa Capital Management under which Versa and its co-investment partner Access Value Investors (AVI) would acquire substantially all of BBH's assets. Versa holds the majority of BBH's outstanding secured debt, which will be resolved through the sale. To facilitate these transactions, Böwe Systec and its affiliates filed voluntary bankruptcy 
petitions under Chapter 11. The expedited sale process should be completed within 90 days or less.