Kent Outdoors announced a $100 million credit facility from asset-based lender (ABL) Eclipse Business Capital. The new ABL facility follows recent investments from Goldman Sachs and Comvest Partners. These investments are critical to the Company's...
Read Story
|
36th Street Capital recently served as lessor of record and servicer for a $30 million equipment financing of manufacturing equipment dedicated to the manufacturing and production of personal care, first aid, and household products. 36th Street...
Read Story
|
Republic Business Credit announced its collaboration with a designer wristwatch and accessory distributor to provide vital financial support for the upcoming spring and summer sales surge. Recognizing the distributor's growth potential, Republic has...
Read Story
|
Oxford Commercial Finance recently provided a $2.5 million Ledgered Line of Credit to a consumer product company in Missouri, specializing in mouth wash/oral rinse.
Read Story
|
Ares Commercial Finance provided a senior secured revolving line of credit to MAV Holdco, LLC (“MAV” or the “Company”), which is headquartered in Toronto, Ontario and owns four brands—Marc Anthony True Professional, Renpure, Cake Beauty and The Mane...
Read Story
|
Culain Capital Funding announced that a consumer products company that does business across the country, recently received a $4 million accounts receivable factoring facility through Culain Capital. “Leveraging our collective years of experience...
Read Story
|
First Citizens Bank announced that its Middle Market Banking business provided $33.5 million in financing to Adams Beverages, a distributor of beer, wine and nonalcoholic beverages to bars, restaurants, grocery stores, package stores and other retail...
Read Story
|
SSG Capital Advisors (“SSG”) served as the investment banker to Christmas by Krebs Corporation (“CBK” or the “Company”) in the sale of substantially all of its assets to The Gerson Companies. The transaction was effectuated pursuant to Article 9 of...
Read Story
|
Crown Partners announced the successful arrangement of $82.5 million of senior debt for Signature Brands, LLC (“Signature Brands”), a portfolio company of Traub Capital Partners. The firm served as exclusive financial advisor to Signature Brands in...
Read Story
|
When Modern Sprout outgrew its current lender, the Chicago-based Garden design shop and manufacturer planted new roots with Republic Business Credit to secure a $5 million asset-based loan at the close of 2023. Modern Sprout is a fast-growing...
Read Story
February 28, 2024, 07:14 AM
|
According to an 8K filing, on February 21, 2024, Warby Parker Inc. and Warby Parker Retail, Inc. entered into a Credit Agreement with JPMorgan Chase Bank, Citibank, the other lenders from time to time party thereto, and JPMorgan Chase Bank, as...
Read Story
February 27, 2024, 07:47 AM
|
Aterian extended its asset backed credit facility with MidCap Financial, which is managed by a subsidiary of Apollo Global Management, Inc.The Credit Facility term has been extended to December 2026 and gives Aterian access to $17.0 million in...
Read Story
February 27, 2024, 07:45 AM
|
InterNex Capital provided a $5 million revolving line of credit to a consumer goods company specializing in kitchen utensils. The company operates across various distribution channels, including direct to consumer, online marketplaces, big box...
Read Story
February 27, 2024, 06:00 AM
|
BizCap announced its successful collaboration with an industry-leading business in the beauty space that has successfully provided premium high-performance tools tailored to the modern woman's lifestyle for over 15 years. BizCap helped the company...
Read Story
February 21, 2024, 07:31 AM
|
KKR's private credit funds and accounts provided a non-recourse accounts receivable financing for Weber LLC, the global leader in outdoor cooking products, innovation, and technology, to support the company’s operations and strategic investments in...
Read Story
January 22, 2024, 08:03 AM
|
Clifford Chance advised Unilever PLC on the binding offer for the sale of its Elida Beauty Business to Yellow Wood Partners LLC. Elida Beauty comprises more than 20 beauty and personal care brands including Q-Tips, Caress, Timotei and TIGI. The...
Read Story
December 21, 2023, 06:00 AM
|
Dorel Industries entered into a new US$88 million senior secured term-loan credit agreement with a group of lenders led by First Eagle Investments, as lead arranger and sole bookrunner, and administrative agent. The new term loan, which is guaranteed...
Read Story
December 11, 2023, 08:00 AM
|
First Citizens Bank announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, served as administrative agent on a $75 million revolving credit facility for Stella & Chewy's. Headquartered in Oak Creek...
Read Story
December 06, 2023, 08:02 AM
|
Trinity Capital announced the commitment of $45 million in growth capital to Neurolens, a company commercializing innovative solutions to optimize vision.Neurolens offers the only prescription lenses that use a contoured prism to treat headaches...
Read Story
December 06, 2023, 07:10 AM
|
First Citizens Bank's Asset-Based Lending business, part of the bank’s Commercial Finance group, served as co-collateral agent on $75 million in financing for branded consumer products company Turning Point Brands Inc.Based in Louisville, Kentucky...
Read Story
December 01, 2023, 08:00 AM
|
Neptune Wellness Solutions, a consumer-packaged goods company focused on plant-based, sustainable and purpose-driven lifestyle brands, announced that its nutraceuticals brand subsidiary, Biodroga Nutraceuticals Inc., has entered into an accounts...
Read Story
November 30, 2023, 07:46 AM
|
A vitamin supplement company secured a promising contract with payment terms beyond their current cash flow capabilities. Keen to take advantage of this significant opportunity, a broker referred them to Gateway Trade Funding. Gateway provided the...
Read Story
November 29, 2023, 06:00 AM
|
Gibraltar Business Capital closed a $27.5MM senior secured revolving credit facility with Whitmor, Inc., a successful fourth-generation family-owned-and-operated business founded in 1946.Memphis-area-based Whitmor is a designer, importer, and...
Read Story
November 16, 2023, 07:55 AM
|
Centre Lane Partners announced that on November 8, 2023 an entity affiliated with Centre Lane has completed the acquisition of the Appliances Division of Instant Brands, which had filed for Chapter 11 bankruptcy protection on June 12, 2023.Founded in...
Read Story
November 16, 2023, 07:50 AM
|
Mountain Ridge Capital ("MRC") closed a $15 million senior secured credit facility to ICU Eyewear, Inc (wholly owned subsidiary of 1847 Holdings, LLC). ICU is a west coast-based designer and marketer of eyewear and eyewear accessories. MRC's...
Read Story
November 14, 2023, 07:51 AM
|
Chicago Atlantic closed a secured term loan with Halo Collar, the AI-driven dog collar that utilizes proprietary technology to offer highly accurate GPS dog fencing solutions.The collaboration with Halo Collar is part of Chicago Atlantic’s growth...
Read Story
November 07, 2023, 08:00 AM
|
A company selling outdoor and lifestyle products was expanding its business by doing its own inventory. With this business expansion, they needed cash flow assistance. A current Gateway client suggested they reach out to Gateway Trade Funding.Gateway...
Read Story
November 07, 2023, 07:00 AM
|
Tempur Sealy International successfully completed the closing of its $1.65 billion senior secured credit facilities, which include a $1.15 billion revolving credit facility and a $500 million term loan facility.The proceeds of the senior secured...
Read Story
October 12, 2023, 07:30 AM
|
Continuing its strong reputation for being a preferred ABL partner for sponsor-backed transactions, GBC has strengthened its relationship with a private equity group that acquired a leading North American supplement manufacturer.GBC provided Lion...
Read Story
August 29, 2023, 07:50 AM
|
WhiteHawk Capital Partners, a private credit investment manager focused on asset-based financing solutions, entered into an agreement with Black Rifle Coffee Company to provide a $56 million asset-based credit facility. Black Rifle Coffee will use...
Read Story
August 25, 2023, 07:32 AM
|
Instant Brands (the "Company"), maker of consumer favorites like Instant Pot®, Corelle®, Pyrex®, Snapware®, CorningWare®, Visions® and Chicago Cutlery®, received a commitment for an additional $30 million in new term loan financing from its existing...
Read Story
August 11, 2023, 07:20 AM
|
Eclipse Business Capital provided a $23.4 million senior secured ABL credit facility to a distributor of travel products and accessories. The Company primarily sells branded products through Amazon and other various retailers.The credit facility is...
Read Story
August 07, 2023, 08:00 AM
|
Tupperware Brands finalized an agreement with its lenders to restructure its existing debt obligations, improving the Company's overall financial position by amending certain credit obligations and extending the maturity of certain debt facilities to...
Read Story
August 04, 2023, 08:02 AM
|
White Oak ABL, White Oak Commercial Finance, and other funds and accounts managed by White Oak Global Advisors, closed a new $70 million commitment in a $225 million ABL credit facility to a leading private-equity owned home textile supplier...
Read Story
August 02, 2023, 08:00 AM
|
Skylight, the leading digital photo frame and smart calendar brand, has raised $15 million in debt through its partnership with SG Credit Partners. As the company continues to grow profitably, the new capital will be used to support inventory...
Read Story
August 02, 2023, 07:57 AM
|
TradeCap Partners closed a $1,500,000 Production Finance Facility for a Northeastern based consumer packaged goods company whose products can be found online and in-stores across the country.The recent turmoil that rippled through US financial...
Read Story
August 01, 2023, 07:00 AM
|
Siena Lending Group completed a $35.0 million revolving credit facility for Nutritional. The facility was used to refinance Nutritional’s existing senior debt and support their working capital needs.Nutritional, founded in 1978, manufactures and...
Read Story
|
SG Credit Partners, through its SG Consumer Products division, announced a partnership with Bulletproof 360, a coffee and functional nutrition brand best known for the “Bulletproof Coffee” recipe. Bulletproof embraces mind-body nutrition by using a...
Read Story
|
SLR Credit Solutions closed a secured first lien term loan in concert with a new revolving line of credit from Wells Fargo for Skullcandy, Inc.Proceeds from the financing were used to refinance existing debt and provide enhanced...
Read Story
|
MidCap Financial provided a $325 million senior revolving credit facility to Revlon Intermediate Holdings IV LLC. in connection with Revlon’s successful emergence from Chapter 11. The MidCap Financial credit facility is part of a successful in-court...
Read Story
|
Gordon Brothers, in a joint venture with Nations Capital, has completed the purchase of substantially all the assets of H2 Brands Group, a leading national consumer products company with annual sales in excess of $250 million and a portfolio of...
Read Story
|
First Citizens Bank's Middle Market Banking business provided $16 million in financing to FitLife Brands, Inc., a provider of innovative and proprietary nutritional supplements headquartered in Omaha, Nebraska.The financing includes a $12.5 million...
Read Story
|
SG Credit Partners, through its SG Consumer Products division, announced its partnership with Patrick Ta Beauty, one of the fastest growing brands of next-generation cosmetics in North America. This announcement comes on the heels of the company...
Read Story
|
Siena Lending Group completed a $35 million asset-based revolving line of credit for Grove Collaborative Holdings, Inc., a publicly traded company headquartered in San Francisco, California. The facility was established to support the Company’s...
Read Story
|
Great Rock Capital provided $45 million of liquidity through a senior secured credit facility to an internationally recognized cosmetics company. The facility was used to refinance existing indebtedness and will provide additional capital and...
Read Story
|
Tupperware Brands Corporation has engaged financial advisors to help improve its capital structure and remediate its doubts regarding its ability to continue as a going concern.The Company's Board of Directors is actively engaged with management to...
Read Story
|
SSG Capital Advisors acted as the investment banker to Nova Wildcat Shur-Line Holdings, Inc. and subsidiaries, d/b/a H2 Brands Group (“H2B”) in the sale of substantially all assets to a joint venture between Gordon Brothers Commercial & Industrial...
Read Story
|
TradeCap Partners closed a $1,500,000 purchase order finance facility to a growing, west coast based beauty products company. The facility will support fulfillment of large retail orders for multiple SKUs.Following expiration of an exclusivity...
Read Story
|
Wingspire Capital agented a $125 million senior secured credit facility to an internationally recognized cosmetics company for the expansion of their complement of current brands, future product development, and potential acquisitions.The credit...
Read Story
|
Rosenthal & Rosenthal completed a recent $25 million factoring deal for an established and growing company in the juvenile products space. The Pennsylvania-based company manufactures a range of popular baby gear and other accessories and was looking...
Read Story
|
Runway Growth Capital closed a senior secured term loan commitment of $50 million to Madison Reed, a digitally enabled omni-channel prestige hair color company predominantly focused on women. The funding will be used to grow customer acquisition...
Read Story
February 10, 2023, 08:01 AM
|
Abacus Finance Group served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for $50 million in senior secured credit facilities to support the recapitalization of SV Labs, a portfolio company of San Francisco Equity...
Read Story
January 26, 2023, 06:00 AM
|
Audax Private Debt announced that, as Administrative Agent and Joint Lead Arranger, it provided a senior secured credit facility to support Cortec Group Fund VII, L.P., an affiliate of Cortec Group (“Cortec”), in its growth capital investment in A1...
Read Story
January 10, 2023, 07:00 AM
|
GemCap Solutions provided a $7 million line of credit to Solstice Sunglasses (“Solstice”), the second largest sunglass retailer in the United States.Michael Rosenberg, CEO of Solstice, said, “We are grateful to be working with the GemCap team to...
Read Story
December 19, 2022, 07:28 AM
|
Wingspire Capital provided a $40 million senior secured revolving line of credit to Corsicana Mattress Company as part of its exit from bankruptcy.It was the third financing transaction Wingspire Capital has provided to Corsicana, following an...
Read Story
November 16, 2022, 08:02 AM
|
eCapital closed a $20 million working capital line of credit to a prominent consumer packaged goods (CPG) company in the natural odor elimination category. As the category leader, the company needed a financial solution that would accommodate its...
Read Story
October 28, 2022, 07:35 AM
|
Purr-Ferred PetFood, headquartered in Boca Raton, FL, has sourced proteins from around the world for the major national pet food manufactures for 23 years. The Company’s plant, located in Anchorage, Alaska, processes salmon, cod, halibut and ocean...
Read Story
October 19, 2022, 06:00 AM
|
Aequum Capital closed a $6,000,000 credit facility to a Midwest based industry-leading designer, marketer, and distributor of home goods and sleep environment products. These are sold through multiple national retailers and a vast network of...
Read Story
October 13, 2022, 07:49 AM
|
For over 20 years, the client dug a niche producing bakery-style specialty dog treats exclusively out of their facilities in Arkansas. The treats are human grade, decorated with dog friendly frosting, and intended as special treats for pets to enjoy...
Read Story
September 30, 2022, 07:00 AM
|
BMO’s Asset-Based Lending group served as Administrative Agent and Sole Underwriter and Bookrunner on a $250 million Senior Secured ABL Revolver facility to support the Centre Lane Partners led merger of its portfolio company Hollander Sleep & Décor...
Read Story
September 29, 2022, 07:40 AM
|
Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support Arizona Natural Resources’ (“ANR”) acquisition of Contract Filling Inc. (“CFI”). ANR is an existing portfolio company of CORE...
Read Story
September 15, 2022, 07:52 AM
|
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...
Read Story
August 30, 2022, 07:50 AM
|
MidCap Financial provided a senior secured credit facility, comprising an asset-based revolving line of credit to Beach House Group. Proceeds from the MidCap credit facility will be used to refinance the Company’s prior credit facility and to provide...
Read Story
August 25, 2022, 07:40 AM
|
Second Avenue Capital Partners closed a $17,500,000 senior secured credit facility for Alex and Ani, LLC, creators of the iconic charm bracelet and affordable meaning-based jewelry. The new credit facility will support ongoing working capital needs...
Read Story
August 24, 2022, 08:00 AM
|
CIT Commercial Services, a subsidiary of First Citizens Bank, completed a $75 million factoring facility on behalf of a consumer products wholesaler.CIT worked with the client to arrange a factoring facility to replace an existing asset-based lending...
Read Story
August 12, 2022, 07:00 AM
|
Stellus Capital Management (“Stellus”) announced that its affiliates provided senior debt financing and an equity co-investment in support of Bansk Group’s (“Bansk”) acquisition of amika and Eva NYC, two of the fastest-growing scaled independent...
Read Story
|
Ares Commercial Finance provided a cross-border, $40 million senior secured credit facility to PlayMonster LLC. The credit facility consists of an asset based revolving line of credit secured by assets in both the US and UK. Proceeds of the credit...
Read Story
|
Founded in 2019 and led by an experienced management team, Scent Beauty has developed a multi-brand, omni-channel, integrated direct-to-consumer (“DTC”) approach to marketing and delivering fragrances and home scents, as well as skin care, hair, and...
Read Story
|
FrontWell Capital Partners closed a $10.5 million senior secured credit facility to Belcam Beauty Holdco, LLC, a leading manufacturer, developer, and marketer of beauty and grooming products. The facility, comprised of a revolving loan and term loan...
Read Story
|
Waldencast Acquisition Corp., a special purpose acquisition company, announced that, on June 24, 2022, its wholly-owned subsidiary Waldencast Finco Limited entered into a Credit Agreement, by and among Waldencast Finco, as the borrower (the...
Read Story
|
Revlon today announced it and certain of its subsidiaries have filed voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York.The Chapter 11 filing will allow Revlon to strategically...
Read Story
|
Perrigo Company closed its previously announced senior secured credit facilities. The new facilities consist of (i) a $1.0 billion five-year revolving credit facility (the "New Revolving Facility"), (ii) a $500 million five-year term loan A facility...
Read Story
|
Tiger Finance closed on $5.2 million in financing for a private label health and beauty care products company in support of a brand-development program it is now undertaking for a national big-box retailer. “Today’s marketplace requires nimble...
Read Story
|
White Oak Global Advisors provided a $40 million term loan to Solace Capital Partners to support its acquisition of Sun Mountain Sports. In addition, White Oak Commercial Finance, an affiliate of WOGA, provided a $10 million ABL credit revolver to...
Read Story
|
NewAge, a direct selling company with a primary focus on healthy products, entered into a new $12 million revolving line of credit agreement with East West Bank which matures in March 2024. NewAge used this facility to repay in full its existing...
Read Story
|
Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Norwood Sawmills by private equity sponsor, GreyLion.Based in Ontario, Canada, Norwood is a leading provider...
Read Story
|
Olaplex completed a successful refinancing of its existing secured credit facility with a new credit agreement comprised of a $675 million senior secured term loan facility and a $150 million senior secured revolving credit facility.Goldman Sachs...
Read Story
February 24, 2022, 07:35 AM
|
SSG Capital Advisors acted as the investment banker to Cover FX Skin Care Limited in the sale of substantially all of its assets to AS Beauty Group, LLC. The transaction closed in December 2021.Founded over 20 years ago, New York-based Cover FX is a...
Read Story
January 03, 2022, 07:40 AM
|
Evolus, a performance beauty company, entered into a $125 million term loan financing facility with funds managed by Pharmakon Advisors, L.P.The term loan facility will be available to Evolus under the following terms:
A senior secured term loan...
Read Story
December 15, 2021, 07:45 AM
|
Bridge Bank announced that its Boston-based Technology Banking Group has issued a venture debt term loan of $6 million to Mixlab, the modern pet pharmacy that partners with veterinarians to deliver the highest level of care at home.Mixlab will use...
Read Story
December 06, 2021, 07:50 AM
|
Tupperware Brands successfully raised $880 million in a new secured credit facility in order to refinance its existing credit facilities. Highlights of the New Facility:
Lowers interest rate on term loans by over 6 percentage points
...
Read Story
November 24, 2021, 08:00 AM
|
White Oak Global Advisors provided a $51.5 million commitment to provide senior secured term debt financing to HRB Brands LLC (“HRB”) to effectuate their acquisition of a portfolio of personal care brands from Helen of Troy Limited. The acquired...
Read Story
November 04, 2021, 07:50 AM
|
Spin Master Corp., a leading global children's entertainment company, entered into an agreement with a syndicate of lenders to amend and restate its existing credit facility.Under the agreement, Spin Master's existing US$510 million five-year secured...
Read Story
September 30, 2021, 06:00 AM
|
Gerber Finance, an eCapital company and leading finance partner for?companies experiencing accelerated growth, announced the closing of a $5MM line of credit to French Transit, parent company of MyChelle Dermaceuticals, Crystal Deodorant, and Luster...
Read Story
August 04, 2021, 07:52 AM
|
TradeCap Partners closed a $7 million purchase order finance facility for a beauty and wellness company based in Florida. The Company designs, manufactures and distributes skincare devices, accessories and topical products.The Company had experienced...
Read Story
|
Clarus Corporation, a global company focused on the outdoor and consumer enthusiast markets, announced that in connection with its acquisition of Rhino-Rack, it has amended and upsized its existing senior credit facility led by JPMorgan Chase Bank...
Read Story
|
Kids2, a global company that designs solutions to help early-stage parents and families, announced a renewed and expanded partnership agreement with White Oak ABL and Gordon Brothers. The renewed agreement, from last year’s arranged senior secured...
Read Story
|
PLAYSTUDIOS entered into a new $75 million, five-year secured revolving credit facility to support its future growth initiatives. The New Credit Facility also provides the Company with an option to increase the credit facility for up to an additional...
Read Story
|
Gerber Finance, an eCapital company and leading finance partner for companies experiencing accelerated growth, closed a $6 million line of credit to natural products company, Puracy, a plant-based personal care and cleaning products company. The deal...
Read Story
|
Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Marianna Beauty Holdings, Inc. (“Marianna”) by Arizona Natural Resources (“ANR”), a portfolio company of CORE...
Read Story
|
Dorel Industries and several of its subsidiaries have entered into a new $450 million senior secured asset based revolving financing with institutional lenders led by Bank of Montreal as lead arranger, administrative agent and sole bookrunner. The...
Read Story
|
SLR Credit Solutions (“SLR”) announced the closing of a $130,000,000 Senior Secured Last Out Term Loan for Revlon. Founded in 1932, Revlon is a leading global beauty company offering innovative and on trend products in color cosmetics, skin care...
Read Story
|
White Oak Commercial Finance closed a working capital credit facility with Mana Products Inc., a developer and manufacturer of high-end beauty products based in New York, at the end of the first quarter.The innovative beauty products company has been...
Read Story
|
MidCap Financial entered into a successor agent appointment and agency transfer agreement pursuant to which MidCap Financial replaced Citibank as the collateral agent and administrative agent for the Amended 2016 Revolving Credit Agreement of Revlon...
Read Story
|
Rabobank and Mercon Coffee Group closed a $500 million sustainability-linked senior secured revolving credit facility led by Rabobank.The transaction refinances an existing facility with pricing linked to key sustainability initiatives measured by...
Read Story
|
Phibro Animal Health Corporation entered into an amended and restated credit agreement. Under the amended and restated credit agreement, the lenders agreed to extend credit to the Company in the form of Term A loans in an aggregate principal amount...
Read Story
|
PetIQ entered into a new $300 million term loan and a $125 million new asset-based revolving line of credit.The credit facility replaces both the existing term loan and ABL facilities and increases borrowing capacity by approximately $109 million....
Read Story
|
Wingspire Capital provided a $46 million senior secured credit facility to Worldwise, Inc., a leading designer and supplier of pet products.The transaction includes a $30 million revolving line of credit and a $16 million term loan to replace the...
Read Story
|
Gordon Brothers, owner of the British heritage brand Laura Ashley®, announced the iconic home and lifestyle brand launched its spring 2021 collection online and in select NEXT plc stores. The collection features the classic and recognizable Laura...
Read Story
|
Fifth Third Business Capital arranged a $10 million revolving credit facility for Polder Products, LLC to support to support acquisition growth. Polder Productsis a leading designer and distributor of a variety of houseware products with key...
Read Story
January 13, 2021, 08:00 AM
|
Citizens announced today that it has provided a new $30 million asset-based revolving line of credit to Cranston, R.I. based Ross-Simons, a leader in direct-to-consumer sales, specializing in offering unique and proprietary fine jewelry designs...
Read Story
December 23, 2020, 09:00 AM
|
CIT Group announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a senior secured credit facility for Arizona Nutritional Supplements LLC, a portfolio company of Endeavour Capital.Arizona...
Read Story
November 17, 2020, 07:50 AM
|
CIT Group announced that its Sponsor Finance business, part of the Commercial Finance division, served as joint lead arranger and joint bookrunner for a $70 million financing on behalf of Estyle Holdings Inc., makers of Eco Style hair gel and a wide...
Read Story
November 13, 2020, 07:28 AM
|
Wingspire Capital announced that it has agented a $100 million credit facility consisting of an $80 million senior credit facility (co-led by Ares Commercial Finance) and a $20 million second lien credit facility (provided by Atalaya Capital...
Read Story
October 21, 2020, 08:55 AM
|
SUMR Brands, a global leader in premium infant and juvenile products, announced that it has entered into a Third Amended and Restated Loan and Security Agreement with Bank of America, N.A. that replaces its prior $48.0 million asset-based revolving...
Read Story
October 16, 2020, 08:09 AM
|
White Oak ABL, an affiliate of White Oak Global Advisors, LLC, announced it funded and arranged a $99.5 million senior secured credit facility to an international infant and toddler toy and product manufacturer to finance the company’s growth and...
Read Story
October 15, 2020, 09:14 AM
|
Sallyport Commercial Finance helps a well-known make-up and cosmetic brand with a $4,000,000 Accounts Receivable facility securing their future with ongoing sustainable financing. The company is now positioned for positive growth as they expand into...
Read Story
October 02, 2020, 08:50 AM
|
Sallyport Commercial Finance provided a $1,750,000 credit facility to a passionate entrepreneur and hobby enthusiast in the trading card business to meet the growing demand and fill upcoming orders.The credit facility will enable the business to...
Read Story
September 09, 2020, 08:00 AM
|
1-800-FLOWERS.COM reported entering into a First Amendment (the “Amendment”) to its Existing Credit Agreement (as defined below) on August 20, 2020 with its existing syndicate of banks led by JPMorgan Chase Bank, N.A., as a lead arranger and...
Read Story
August 24, 2020, 08:50 AM
|
Gibraltar Business Capital recently provided Texas-based Easy Gardener Products, Inc, a $20 million credit facility to help with a restructuring.Easy Gardener designs, manufactures, and sells a broad range of consumer lawn and garden products. It...
Read Story
August 11, 2020, 07:48 AM
|
CIT Group Inc. (NYSE: CIT) today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $40 million senior secured credit facility for Europa Sports Products LLC.Europa Sports Products is an...
Read Story
|
Scott’s Liquid Gold-Inc. announced it has entered a new credit facility with UMB Bank in conjunction with the acquisition of the Biz and Dryel laundry brands.“We are excited about our new relationship and facility with UMB,” said Kevin A. Paprzycki...
Read Story
|
The Singing Machine Company, Inc. – the North American leader in consumer karaoke products – announced it has executed a tri-party Intercreditor Agreement for a Revolving Line of Credit on eligible accounts receivable and inventory.On June 16, 2020...
Read Story
|
Sequential Brands Group, Inc. amended its Third Amended and Restated Credit Agreement with Bank of America, N.A., as administrative agent and collateral agent and the lenders party thereto. The loans under the Amended BoA Credit Agreement will be...
Read Story
January 03, 2020, 08:45 AM
|
SSG Capital Advisors, LLC (SSG) acted as the investment banker to LuckyVitamin, LLC in the sale of substantially all of its assets to Lucky Health Group, Inc. ("LHG"). The transaction closed in September 2019.Headquartered outside of Philadelphia...
Read Story
October 04, 2019, 08:55 AM
|
Second Avenue Capital Partners announced it has provided a $12,500,000 senior secured credit facility to Carlisle Etcetera, LLC, a direct-to-consumer women’s luxury apparel brand.Founded in 1981, Carlisle Etcetera markets such well-known labels as...
Read Story
September 24, 2019, 08:39 AM
|
Ralph Lauren Corporation and certain of its foreign subsidiaries entered into a definitive credit agreement for a revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent, Bank of America, N.A. as syndication agent, Wells...
Read Story
September 16, 2019, 08:45 AM
|
NIKE, Inc. entered into a Credit Agreement with Bank of America, N.A., as Administrative Agent, Citibank N.A., as Syndication Agent, Deutsche Bank Securities Inc., HSBC Bank USA, National Association and JPMorgan Chase Bank, N.A., as Co-Documentation...
Read Story
August 21, 2019, 08:40 AM
|
Siena Lending Group LLC announces the completion of a $14.6 million asset-based revolving line of credit and term loan for Innovative Hearth Products (“IHP”). The facility was used to refinance certain debt and to provide additional working capital...
Read Story
August 13, 2019, 07:55 AM
|
King Trade Capital (KTC) announced the completion of a $2 million purchase order facility for a fragrance company based in New York.A friend in the asset-based lending world who was helping the Client find a purchase order finance solution, in order...
Read Story
August 09, 2019, 08:00 AM
|
Rosenthal & Rosenthal, Inc., the leading independent factoring, asset based lending and purchase order financing firm in the United States, today announced the completion of a recent $4 million factoring facility with an emerging luxury apparel...
Read Story
|
PetIQ, Inc., a leading pet medication and wellness company, announced it has completed the previously announced acquisition of Perrigo Animal Health, a leading manufacturer of vet quality products for pet parents, from Perrigo Company plc for $185...
Read Story
|
Wells Fargo Capital Finance, part of Wells Fargo & Company, announced the completion of financing for Randa Accessories, one of the world’s leading accessories companies, to acquire Haggar Clothing Co., a leading apparel company. “The acquisition of...
Read Story
|
The Kroger Co. and Lindsay Goldberg, a private investment firm, announced the formation of PearlRock Partners, a new platform that will identify, invest in and help grow the next generation of leading consumer product brands. PearlRock Partners will...
Read Story
|
Rosenthal & Rosenthal, Inc., a leading independent factoring, asset based lending and purchase order financing firm in the United States, announced the completion of a recent $12.5 million inventory production finance deal for an importer of women’s...
Read Story
|
Siena Lending Group LLC announced the completion of a $7.0 million asset-based revolving credit facility for Lime Crime, Inc. (Lime Crime). The facility will be used to support the company’s working capital needs and continued growth.Lime Crime...
Read Story
|
CSS Industries, Inc., a leading consumer products company serving the craft, gift and seasonal markets, announced that it has entered into a new $125 million asset-based senior secured credit facility with JPMorgan Chase Bank, N.A., acting as the...
Read Story
|
Encina Business Credit, LLC (EBC) announced today that it has provided a $42 million senior secured credit facility to a consumer products company. The credit facility consists of a revolving line of credit and two term loans, the proceeds of which...
Read Story
|
PNC Financial Services subsidiary Harris Williams, a middle market investment bank focused on the advisory needs of clients worldwide for more than 25 years, announced that it has hired Kelly McPhilliamy as a managing director and William McBride as...
Read Story
December 06, 2018, 07:13 AM
|
Funko, Inc., a pop culture consumer products company, announced that certain of its subsidiaries entered into a commitment letter on September 7, 2018 with PNC Bank, National Association and PNC Capital Markets LLC for new senior secured credit...
Read Story
September 13, 2018, 07:48 AM
|
Tiger Capital Group announced that it has provided $5 million in special project financing to the sole license holder of Walmart’s rapidly growing Tasty Housewares product lines, including its highly popular Tasty Cookware.The capital infusion...
Read Story
August 14, 2018, 08:20 AM
|
iRobot Corporation entered into a First Amendment to Amended and Restated Credit Agreement to its existing unsecured revolving credit facility with Bank of America, N.A. dated December 20, 2013, and a First Amendment to Amended and Restated...
Read Story
|
CCA Industries, Inc announced that it entered into a new credit facility with PNC Bank to pay off the Company's existing debt with CNH Finance Fund I, L.P., formerly known as SCM Specialty Finance Opportunities Fund, L.P., and for general working...
Read Story
February 12, 2018, 07:15 AM
|
Lifetime Brands, Inc., a global provider of branded kitchenware, tableware and other products used in the home, and Filament Brands, an established, category leader and innovator in the housewares industry, today announced that they have entered into...
Read Story
January 02, 2018, 07:32 AM
|
Encina Business Credit, LLC (EBC) announced that it has provided a $20 million asset-based revolving credit facility to a consumer products company. The credit facility consists of a revolver secured by accounts receivable and inventory, the proceeds...
Read Story
November 28, 2017, 07:00 AM
|
The Singing Machine Company, Inc., a provider of consumer karaoke products, announced it has renewed its agreement for senior security financing with PNC Bank. Under the renewal to its credit agreement, PNC will provide the Company with up to $15...
Read Story
|
Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $28 million senior credit facility to support the merger of two leading consumer products research companies.
The merger will form the leading...
Read Story
|
Spectrum Brands, Inc., an indirect majority owned subsidiary of HRG Group, Inc., entered into the fourth amendment to its credit agreement, dated as of June 23, 2015, according to an SEC filing. Deutsche Bank AG New York Branch is listed as the...
Read Story
|
Avidbank Specialty Finance, a Division of Avidbank that specializes in technology and asset-based lending, has provided an $8 million asset-based line of credit to Yes To, Inc.Based in Pasadena, California, Yes To is a global leader in natural beauty...
Read Story
February 15, 2017, 07:51 AM
|
Siena Lending Group announced the completion of a $10 million credit facility for Geneva Watch Group, Inc. ("Geneva") to refinance their existing senior debt and to support their working capital needs. Headquartered in New York, NY, Geneva is a...
Read Story
January 13, 2017, 07:50 AM
|
Webster Bank recently announced that it has provided $18 million in senior credit facilities to Edison, New Jersey based Bentley Laboratories, LLC, an industry leader in the formulation and outsource manufacturing of products for the beauty and...
Read Story
December 01, 2016, 08:01 AM
|
TCF Capital Funding provided secured financing to support Castanea Partners, RCP Advisors, Stanfield Capital and Northstar Capital in the merger of Thymes and DPM Fragrance, to create CURiO™, a powerful new platform in the prestige bath, body, and...
Read Story
October 03, 2016, 08:01 AM
|
On July 26, 2016, Elizabeth Arden, Inc. and certain of its foreign subsidiaries entered into an amendment and restatement of its existing credit facility with a syndicate of banks, for which JP Morgan Chase bank is the administrative agent (the...
Read Story
August 03, 2016, 09:11 AM
|
Revlon, Inc. and Elizabeth Arden, Inc. announced that they have signed a definitive agreement under which Revlon will acquire all of the outstanding shares of Elizabeth Arden for $14.00 per share in cash, representing an enterprise value for...
Read Story
|
NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced that it has provided $24,000,000 of senior secured credit facilities to Sock and Accessory Brands Global, Inc. (“SABG”). Founded in 1999, SABG is an innovative...
Read Story
November 24, 2015, 07:00 AM
|
Excelsior Capital Partners, a private investment firm, announced today that its portfolio company Artissimo Designs LLC (“Artissimo”), has closed on a $15 million revolving ABL credit facility with PNC Bank, N.A., a member of The PNC Financial...
Read Story
November 19, 2015, 07:42 AM
|
NXT Capital and MidCap Financial announced they have provided an $85 million senior secured credit facility to support Freeman Spogli & Co.’s investment in Regent Holding Company, LLC. NXT Capital and MidCap Financial were joint lead arrangers and...
Read Story
November 06, 2015, 08:00 AM
|
Monroe Capital LLC today announced a $70 million increase in its credit facility to $125 million to a consumer products company. This increase has provided funding for two recent strategic acquisitions. The company is one of the leading...
Read Story
September 24, 2015, 07:51 AM
|
NXT Capital announced that it has provided a $53.5 million senior secured credit facility to support MidOcean Partners’ significant investment in IMAGE Skincare. NXT Capital acted as the Lead Arranger, Bookrunner and Administrative Agent for this...
Read Story
September 03, 2015, 07:55 AM
|
Avon Products, Inc. announced that on Friday, June 5, the company and one of its domestic subsidiaries entered into a new $400 million five-year senior secured revolving credit facility. The new facility replaces the previous $1 billion unsecured...
Read Story
|
Spectrum Brands Holdings, a global consumer products company with market-leading brands, announced that its wholly owned subsidiary Spectrum Brands, Inc. intends to replace all of its outstanding indebtedness under its existing term loans and asset...
Read Story
|
GE Antares is serving as administrative agent on a $138 million senior secured credit facility to support the acquisition of Bendon, Inc. by Irving Place Capital (IPC). GE Capital Markets served as joint lead arranger and joint bookrunner on this...
Read Story
|
CSS Industries, Inc. announced the renewal to its revolving credit facility with Wells Fargo Bank, National Association and Citizens Bank of Pennsylvania. With the renewal, the facility's expiration date has been extended from March 17, 2016 to March...
Read Story
|
Marquette Business Credit, Inc. recently funded a $5 million working capital line of credit to Nouveau Eyewear, Inc. Based in Carrollton, TX, Nouveau designs and distributes optical frames for men, women and children. Nouveau is a portfolio company...
Read Story
January 28, 2015, 07:17 AM
|
Bank of America Business Capital has provided $21.4 million in senior secured credit facilities for Pro-Pet, LLC, a portfolio company of H.I.G. Capital. Proceeds will be used to refinance existing indebtedness and warrants, pay fees and expenses...
Read Story
December 15, 2014, 08:19 AM
|
MB Business Capital, a division of MB Financial Bank, N.A., recently provided a $19.7 million senior credit facility for Omaha, NE-based Marianna Industries, Inc. in conjunction with a refinance and recapitalization transaction. The transaction will...
Read Story
September 11, 2014, 07:21 AM
|
First Capital, a specialized commercial finance company, announced that it has provided $17.5 million asset-based senior credit facility to a manufacturer of skincare products. The senior credit facility consists of a $17.5 million working capital...
Read Story
August 20, 2014, 07:39 AM
|
GE Capital announced it is providing MerchSource LLC with a $130 million senior credit facility providing working capital for the company’s operations in the U.S. and Hong Kong.MerchSource, headquartered in Irvine, CA, ideates, designs, develops and...
Read Story
|
Cole Taylor Business Capital, a division of Cole Taylor Bank, is pleased to announce it recently provided a $9 million senior credit facility to Minnetonka, Minnesota based Halo Innovations, Inc. The facility was used to enable a recapitalization of...
Read Story
|
GE Capital, Corporate Finance is serving as administrative agent on a $75 million senior secured credit facility for JAKKS Pacific, Inc., a leading designer and marketer of toys and consumer products. The financing will be used for working capital...
Read Story
|
Norwest Equity Partners (“NEP”), a leading middle-market investment firm, announced that it has acquired Apothecary Products Incorporated, a leading innovator, manufacturer and distributor of consumer healthcare products and pharmacy supplies. NEP...
Read Story
|
BMO Harris Bank’s Sponsor Finance group, a leading provider of middle market leveraged finance solutions, announced it was sole lead arranger and sole bookrunner and is administrative agent for senior credit facilities to J.A. Cosmetics US, Inc., a...
Read Story
|
Salus Capital Partners, LLC, announced it has provided a $20 million senior secured credit facility to Worldwise, Inc. The financing will be used to refinance its current lender and for general corporate purposes.Founded in 1990 and acquired by...
Read Story
January 23, 2014, 07:29 AM
|
Business Development Corporation of America ("BDCA"), a business development company primarily focused on senior debt investments in middle market private companies, closed on a direct originated financing transaction for Chicken Soup for the Soul. ...
Read Story
January 15, 2014, 07:19 AM
|
Green Innovations Ltd. announced that it has secured financing from TCA Global Credit Master Fund, LP (TCA). The $5 million secured revolving credit facility will be used as working capital. The company received $1 million as an advance at closing.In...
Read Story
November 01, 2013, 07:38 AM
|
Skullcandy, Inc. entered into a Credit Agreement and Revolving Line of Credit Note with Wells Fargo Bank, National Association, which provides a line of credit of up to $50 million earlier this week. As a subfeature, the credit facility provides...
Read Story
August 22, 2013, 08:03 AM
|
Siena Lending Group LLC announced the completion of a senior secured revolving credit facility for New York City-based Kevyn Aucoin Beauty, Inc. (“Kevyn Aucoin”). The facility will be used to support the company’s working capital and rapid domestic...
Read Story
August 21, 2013, 07:51 AM
|