Gordon Brothers, the global asset experts, provided a revolving credit facility to support S5 Equity’s acquisition of Hammacher Schlemmer.
“Our combination of in-house asset and credit expertise enables us to provide holistic solutions to our clients throughout the asset lifecycle, and we had the opportunity to help a well-known reputable brand by funding this acquisition,” Kyle C. Shonak, senior managing director, transaction team and head of North America lending at Gordon Brothers, said. “Our solutions-oriented approach leveraged our deep asset expertise through our valuation and field exam offerings to structure a revolving credit facility that maximized liquidity and flexibility.”
“Thanks to this strategic financing from Gordon Brothers, we are honored to have the opportunity to acquire this esteemed retail brand and provide the necessary resources to not only restore, but also build upon its proud and storied legacy,” David Steinhafel, managing partner at S5 Equity, said.
