Supply Source Enterprises, Inc. was a leading distributor of branded and private label personal protective equipment (PPE) and janitorial, safety, hygiene, and sanitation products, operating under the Safety Zone and Impact Products brands with over 3,300 SKUs and approximately 275 employees. The company filed for Chapter 11 protection on May 21, 2024 in the District of Delaware (Case No. 24-11054) before Judge Brendan Linehan Shannon after post-pandemic demand normalization left the company with excess inventory purchased at elevated prices, compounded by weak inventory controls from a 2020 acquisition, a disastrous warehouse relocation from Toledo, OH to Richmond, IN, a 26% revenue decline in 2023, and negative $13 million EBITDA. At filing, the Debtors carried approximately $140 million in funded debt ($60M ABL plus $80M term loan) and approximately $40 million in trade payables. TZ SSE Buyer LLC provided a $60 million DIP facility ($20M new money, $40M ABL roll-up) and served as stalking horse, acquiring substantially all assets through a $63 million credit bid approved July 10, 2024, with Hospeco Brands Group ultimately acquiring the Safety Zone and Impact Products brands. The UCC, comprised exclusively of Chinese vendors, negotiated a settlement waiving $104 million in claims and designating nearly $2 million for the liquidation trust, improving general unsecured creditor recovery from zero to a projected 3-5%. The Combined Joint Plan of Liquidation was confirmed on October 22, 2024 and became effective on November 26, 2024.