HOUSTON, July 21, 2016 (GLOBE NEWSWIRE) -- Hennessy Capital Acquisition Corp. II (NASDAQ:HCAC) (NASDAQ:HCACU) (NASDAQ:HCACW) announced that it has indefinitely postponed its special meeting of stockholders (the “Special Meeting”) relating to (and its anticipated closing of) the proposed merger with USI Senior Holdings, Inc. (“USI”), which was scheduled for July 25, 2016. Representatives of Trilantic Capital Management L.P. (together with its sponsored funds, “Trilantic North America”) have notified the Company that they have decided not to pursue the previously announced investment by Trilantic North America in HCAC in connection with the Business Combination. The HCAC Board of Directors and management team remain enthusiastic about the proposed Business Combination with USI and are continuing to assess and explore potential alternatives to finance and consummate the Business Combination.

About Hennessy Capital Acquisition Corp. II

Hennessy Capital Acquisition Corp. II is a blank check company founded by Daniel J. Hennessy for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company's acquisition and value creation strategy is to identify, acquire and, after its initial business combination, build an industrial manufacturing, distribution or services business. For more information about Hennessy Capital Acquisition Corp. II, please visit its website at www.hennessycapllc.com.