Assembled Brands Capital extended multiple credit facilities for a range of consumer product companies within its portfolio. In Q3/24, Assembled Brands Capital entered a new lending partnership with sustainable cleaning products company Dirty Labs and facilitated an increase in syndicated credit lines for two companies.
An alcohol brand successfully increased its credit facility to a syndicated line of $10 million, enabling it to further capitalize on emerging market opportunities. Additionally, a beauty brand has expanded its credit facility to $12.5 million.
“We are thrilled to support these remarkable brands as they continue to scale and adapt in a competitive market,” Michael Lipkin, CEO at Assembled Brands, said. “Our tailored credit solutions allow these companies to focus on what they do best — creating exceptional products and experiences for their customers.”
Several portfolio companies have also benefited from upsized credit facilities, increasing to the following amounts:
- Strands Hair Care to $1.5 million
- Mason Dixie Foods to $2.5 million,
- NYC at $3.25 million
- Blue Tees Golf to $6 million
- GiftTree to $3.75 million
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“Assembled Brands remains dedicated to empowering high-growth companies with the financial resources they need to thrive,” Lipkin said. “We believe in the great potential of these brands and are excited to witness their continued success in the market.”
