Second Avenue Capital Partners blends disciplined underwriting, real-world collateral insight, and fast, flexible execution. By combining sector expertise with a merchant mindset, SACP delivers creative structures and dependable solutions for borrowers with urgent needs and complex challenges.
Second Avenue Capital Partners (SACP) approaches dealmaking with the same principles that defined the firm on day one. The team built its platform around strong underwriting, a clear view of collateral, and the ability to adjust as markets shift. That foundation has proved durable through economic swings, industry disruption, and even a global pandemic. For SACP, every transaction starts with a deep understanding of the borrower’s business and assets, and an honest assessment of how a structure will hold up in both stable and stressed environments.
The firm’s affiliation with SB360 and the Schottenstein organization provides deep, practical insight that shapes how the team evaluates risk and opportunity. SACP analyzes deals from a unique merchant perspective, examining stores, warehouses, inventory, and customer behavior. This perspective enables the firm to identify and understand all of a company’s assets and unlock their value. While traditional lenders rely on formula-driven models, SACP combines technical rigor with decades of operational and retail experience. The team has the confidence to step into complex situations and craft creative solutions, structuring transactions through the lens of operators and investors.
A recent financing for True Religion highlighted how SACP brings more than capital to the table. The firm served as Sole Arranger, Revolver Agent, Sole Revolver Lender, and Term Loan Lender. Through its affiliation with SB360, which made an equity investment as a strategic partner, SACP played a pivotal role in structuring and executing the transaction. That level of collaboration shows how SACP pursues a coordinated effort that unites capital, operational experience, and industry relationships to strengthen a business’s long term outlook.
While the retail and consumer sectors remain the firm’s anchor, SACP has expanded into wholesale and industrial by adding talent with deep knowledge of those markets. The broader reach allows the firm to apply its approach across more industries while staying aligned with what it does best. SACP finds
opportunities where collateral is overlooked or undervalued and where structure and insight can unlock meaningful liquidity.
Speed and flexibility are SACP’s defining strengths. The team cuts through the noise and focuses on what each situation demands. SACP delivers tailored structures on tight timelines by blending data-driven analysis with creative thinking and discipline. This consistency gives borrowers the certainty they need when they need it most.
Looking forward, SACP remains steady and adaptable in an ever-shifting economy. The firm stays close to its borrowers and their sectors, allowing it to spot shifts as they happen and respond with solutions that fit the moment. The mindset is simple: stay disciplined, stay informed, and stay ready. That
balance of steadiness and flexibility is what enables Second Avenue Capital Partners to remain effective through any market cycle.
Deal Highlight
SACP and SB360 Drive Next Chapter For True Religion
Through a strategic collaboration, Second Avenue Capital Partners and SB360 Capital Partners supported ACON Investments’ acquisition of True Religion, combining financing expertise and operational insight to fuel the iconic denim brand’s growth and long-term transformation.
Second Avenue Capital Partners (SACP) and SB360 Capital Partners (SB360) developed a solution to support the next evolution of True Religion Apparel, Inc., demonstrating the strength and versatility of the Schottenstein platforms. SACP, along with Alpha Wave Global and Sagard Credit, provided a term loan and re-volving credit facility for True Religion. SACP served in various roles for the transaction, including as sole arranger, revolver agent, sole revolver lender and term loan lender.
But what truly set this deal apart was the deep collaboration across the broader organization. The credit facilities supported the acquisition of a controlling stake in True Religion by ACON Investments, LLC, and its affiliates, along with strategic partner SB360 Capital Partners.
As the incumbent lender to True Religion, SACP played a pivotal role in structuring and executing the transaction. Working in tandem as a force multiplier, SB360’s equity investment brought operational expertise, strategic insight and industry relationships to strengthen an iconic brand.
This transaction exemplifies how SACP and SB360 go beyond capital to create lasting value. By leveraging collective resources, experience and partnerships, the firms help businesses like True Religion build for the future — proving that the resulting impact extends well beyond the balance sheet.
781.288.8604
sacp.com | sb360.com
