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Ares Commercial Finance Provides $30MM Senior Secured Credit Facility to Monolith Brands Group

August 30, 2022, 07:50 AM
Filed Under: Consumer Products

Ares Commercial Finance provided a $30 million senior secured credit facility to Monolith Brands Group, Inc. The Company is a consumer products platform focused on acquiring omnichannel brands in niche product categories. Proceeds of the credit facility will be used to refinance existing indebtedness, provide ongoing working capital and help fund future acquisitions.

Founded in 2021 with offices in New York and Utah, MBG is a consumer products company with a portfolio of omnichannel brands organized across a focused set of sector verticals, which are initially Pet and Baby & Juvenile. Monolith seeks to acquire established brands with differentiated products, avid customers and strong market positions within particular subcategories. As part of the Monolith platform, these brands can access the capital, operational resources and sector expertise necessary to expand their reach. 


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