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Rosenthal Completes 11 Transactions Totaling $35MM During Summer 2022

Date: Aug 22, 2022 @ 07:31 AM

Rosenthal & Rosenthal announced the completion of nearly a dozen transactions totaling roughly $35 million during the summer months of 2022. The various financing facilities will help to address working capital needs, mitigate risk and support growth opportunities for clients across a multitude of sectors.
 
The transactions included six factoring deals, one asset based lending deal, one purchase order financing deal and three deals for Rosenthal’s newest division, Pipeline, serving e-commerce and direct-to-consumer businesses. The scope of the transactions, both in terms of financing products and the industries covered demonstrate the breadth and depth of Rosenthal’s array of funding solutions.
 
“It’s certainly been a productive summer for Rosenthal and we’re pleased that we were able to close a remarkably high volume of complex deals in such a short period of time,” said Paul Schuldiner, Rosenthal’s Chief Lending Officer. “These transactions spanned multiple sectors—from apparel and beauty to chemicals and tech—and every one of Rosenthal’s financial products is represented in these deals. That is a true testament to Rosenthal’s versatility and flexibility.”
 
The six factoring deals include:

  • $300,000 facility for a men’s apparel company

  • $2MM collection factoring facility for an apparel company
  • $2.5MM facility for a streetwear apparel company
  • $20MM facility for a major apparel company
  • Two individual $1.2MM facilities for two separate beauty and cosmetics companies

In addition, Rosenthal closed a $1.5MM ABL facility for a leading Pennsylvania-based chemical manufacturer and a $1.75MM purchase order financing facility for a high-security government and commercial printing and technology company.
 
Rosenthal’s newest division, Pipeline, closed three separate transactions this summer alone, providing much-needed capital to a cadre of direct-to-consumer and e-commerce companies, including an e-commerce apparel company, a popular women’s footwear company and a men’s personal care business, totaling $5.5MM in funds deployed.
 
“Rosenthal already has a successful track record working with growing companies to help them address omnichannel and supply chain challenges and take advantage of growth opportunities, and Pipeline is a perfect extension of that,” said Andrew Barone, Senior Vice President and Pipeline’s Director of Sales. “These three individual Pipeline transactions really showcase our expertise in partnering with fast-growing direct-to-consumer brands to ensure they have the liquidity and incremental working capital they need to scale and grow their businesses.”

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