Schottenstein affiliate Second Avenue Capital Partners closed a new $15 million senior secured credit facility for Brixton, an omnichannel global lifestyle brand headquartered in Oceanside, CA.
Asset-based lending is an industry built on making deals, but at the heart of every one of those transactions is a financial solution for a business. To honor this fundamental pillar of the industry, ABF Journal is proud to present its second annual Deals of the Year listing to provide a more in-depth look at some of the most intriguing and impactful transactions of 2023.
Serving in multiple roles for the transaction — including sole arranger, revolver agent, sole revolver lender and term loan lender — Second Avenue Capital Partners (SACP) was joined by TCW Private Credit and Sagard Credit in providing a credit facility for True Religion Apparel, Inc. The facility has a revolver agented by SACP and a […]
Second Avenue Capital Partners provided a $44 million revolving credit facility for Allstar Marketing Group, a consumer product development and marketing company. Second Avenue was also the agent for an additional $6 million term loan to support Allstar’s growth initiatives.
Second Avenue Capital Partners, along with TCW Private Credit and Sagard Credit, closed a term loan and revolving credit facility for True Religion Apparel.
Second Avenue Capital Partners, a Schottenstein affiliate, closed a $12 million revolving credit facility for ThirdLove, a women’s lifestyle brand offering intimates, activewear and more.
Second Avenue Capital Partners completed three recent transactions, including a $10 million credit facility for a RTA furniture manufacturer, a $25 million term loan for a home goods retailer and a $10 million credit facility for a beauty brand developer.
Second Avenue Capital Partners and Tiger Finance closed an $80 million credit facility for Casper Sleep, an omnichannel retailer of sleep products, including mattresses, pillows and other sleep accessories.
Second Avenue Capital Partners closed a $17.5 million senior secured credit facility for Alex and Ani. The credit facility will support ongoing working capital needs and allow the company to further develop business operations following a corporate restructuring.
Michael P. Russell joined Second Avenue Capital Partners as a managing director. Based in the firm’s Boston office, Russell will be responsible for origination, underwriting and account/relationship management.