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.
Second Avenue Capital Partners closed a $67.5 million term loan for The Jessica Simpson Collection, which will use the new financing to retire an existing credit facility and provide additional liquidity to fund new growth and a rapidly expanding portfolio.
Second Avenue Capital Partners provided a senior secured credit facility to MARIA TASH, a fine jewelry and luxury piercing brand founded by designer Maria Tashjian.
Second Avenue Capital Partners closed on a $10 million senior secured credit facility (which includes an accordion feature) for myGemma, a modern and professional alternative for consumers wanting to buy or sell high-end luxury goods.