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News Stories (20 Results) - Second Avenue Capital Partners

Solstice Sunglasses, the second-largest sunglass retailer in the United States, announced it has successfully emerged from Chapter 11 with the support of a $6.5 million exit financing facility provided by Second Avenue Capital Partners ("SACP").... Read Story
August 05, 2021, 08:00 AM


Second Avenue Capital Partners closed on a $10,000,000 senior secured credit facility to the leading maternity apparel sister brands Motherhood Maternity and A Pea in the Pod within the Marquee Brands portfolio. The credit facility will be used for... Read Story
June 30, 2021, 08:17 AM


Second Avenue Capital Partners closed on a $30,000,000 senior secured term loan to UNTUCKit, one of the fastest-growing retail apparel brands in North America. The term loan will be used to restructure existing debt and provide the Company with the... Read Story
May 06, 2021, 08:04 AM


Second Avenue Capital Partners closed on a US$10,000,000 senior secured credit facility to Northern Reflections Limited, one of Canada’s largest privately-held apparel retailers of women’s apparel. The credit facility will be used to refinance... Read Story
April 06, 2021, 08:00 AM


Second Avenue Capital Partners closed on a senior secured credit facility to Cos Bar, a leading luxury specialty cosmetics retailer. The credit facility will be used to support new growth opportunities and provide additional working capital."Cos Bar... Read Story
March 18, 2021, 08:00 AM


Second Avenue Capital Partners provided $6.5 million in debtor-in-possession (“DIP”) financing to Solstice Sunglasses, the second-largest sunglass retailer in the United States. The DIP facility delivers supportive capital to Solstice as the retailer... Read Story
March 04, 2021, 08:15 AM


Francesca’s Holdings Corporation and Francesca’s Acquisition LLC, an affiliate of TerraMar Capital LLC, announced, after a fulsome auction and sale process under Section 363 of the United States Bankruptcy Code, that it completed the sale of... Read Story
February 02, 2021, 08:35 AM


Old Time Pottery, a Tennessee-based home décor retailer with stores throughout the Southeast and Midwest, has entered into a Senior Secured Credit Agreement agented by Second Avenue Capital Partners (“SACP”) and CIT Northbridge. Proceeds from the... Read Story
November 04, 2020, 09:05 AM


Second Avenue Capital Partners (SACP), a lender specializing in asset-based loans for the broader retail and consumer products industry, announced Eric Luukko has joined the firm as a Managing Director. Based in the Boston office, Luukko’s portfolio... Read Story
October 06, 2020, 08:45 AM


Second Avenue Capital Partners, LLC announced it has provided a $35,000,000 senior secured credit facility to a joint venture of Marquee Brands and CSC Generation in support of their newly acquired luxury kitchenware retailer Sur La Table. Proceeds... Read Story
September 08, 2020, 08:35 AM


Second Avenue Capital Partners, LLC (“SACP”) and CIT Northbridge Credit (“CIT Northbridge”) announced the closing of a $60,000,000 senior secured credit facility to Stock+Field, a premier farm, home, and outdoor retailer. Stock+Field, formerly known... Read Story
June 10, 2020, 09:00 AM


Second Avenue Capital Partners issued the following statement of support for businesses impacted by COVID-19:The COVID-19 outbreak has impacted families, communities, and businesses around the globe. Fluid, ever-changing conditions have increased the... Read Story
May 13, 2020, 09:00 AM


Second Avenue Capital Partners, LLC announced it has closed on a $17,000,000 senior secured credit facility to Crown & Caliber, an online marketplace leader in authenticated pre-owned luxury watches. The credit facility will be used to support growth... Read Story
April 21, 2020, 08:41 AM


Crystal Financial LLC and Second Avenue Capital Partners LLC (SACP) announced the closing of a $40,000,000 Senior Credit Facility for JackRabbit, a leading omni-channel retailer of athletic footwear, apparel, and accessories owned by affiliates of... Read Story
October 29, 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


Second Avenue Capital Partners, LLC,, and White Oak Commercial Finance, LLC, an affiliate of White Oak Global Advisors, LLC, have closed on a $16,000,000 asset-backed revolving credit facility for Marolina Outdoor, Inc., a Charleston, SC based... Read Story
August 13, 2019, 08:40 AM


Second Avenue Capital Partners, LLC (SACP), and White Oak Commercial Finance, LLC (White Oak), an affiliate of White Oak Global Advisors, LLC, announced today the closing of a $35,000,000 asset-backed revolving credit facility for Charming Charlie, a... Read Story
April 18, 2019, 09:15 AM


Second Avenue Capital Partners, LLC,  announced the closing of a $20,000,000 asset based credit facility to help fund the purchase and on-going working capital needs of a new entity under the banner of Fallas Stores. This new facility was integral to... Read Story
November 27, 2018, 07:04 AM


Second Avenue Capital Partners, LLC, announced it has provided a $12,000,000 revolving line of credit to A’GACI, LLC, a young women’s lifestyle brand and fast fashion retailer. Proceeds from the credit facility will be used as exit financing... Read Story
August 21, 2018, 08:01 AM


Second Avenue Capital Partners, LLC, announced its formation as a new lending platform specializing in asset-based loans for the broader retail and consumer product industry. Established by SB360 Holdings, Second Avenue is a Schottenstein Affiliate.... Read Story
April 17, 2018, 07:41 AM