FrontWell Capital Partners closed a senior secured credit facility for Jason Wu, a women’s luxury fashion brand headquartered in New York City that is known for designing dresses for celebrities and collaborating with other high-end brands.
The facility consists of a revolving loan and a term loan and is secured by working capital, intellectual property and brand value. Jason Wu will use the funding to help drive growth.
“We are thrilled to support Jason Wu and his team,” Patrick Dalton, CEO of FrontWell Capital Partners, said. “This senior secured credit facility is an example of FrontWell’s ability to see value in a brand with strong name recognition like Jason Wu and partner with the company to structure a creative, tailored solution.”
“We are very pleased to form a partnership with Frontwell Capital Partners to build a solid foundation for the next phase of growth and development of the Jason Wu brand,” Lynn Yu, CEO of Jason Wu, said. “We look forward to paving our future path in unison.”