Second Avenue Capital Partners and CIT Northbridge entered into a senior secured credit agreement with Old Time Pottery, a Tennessee-based home décor retailer.
Eric Luukko joined Second Avenue Capital Partners as a managing director. Luukko previously served as a managing director with Clear Thinking Group and in vice president roles at Rockland Trust, Webster Bank and Gordon Brothers Finance.
Second Avenue Capital Partners provided a $35 million senior secured credit facility to a joint venture of Marquee Brands and CSC Generation in support of their newly acquired luxury kitchenware retailer Sur La Table.
Second Avenue Capital Partners and CIT Northbridge Credit closed a $60 million senior secured credit facility for Stock+Field, a farm, home and outdoor retailer.
Second Avenue Capital Partners closed on a $17 million senior secured credit facility to Crown & Caliber, an online marketplace for authenticated preowned watches.
Second Avenue Capital Partners and Crystal Financial closed a $40 million senior credit facility for JackRabbit, a retailer of athletic footwear, apparel, and accessories owned by affiliates of CriticalPoint Capital.
Second Avenue Capital Partners provided a $12.5 million senior secured credit facility to Carlisle Etcetera, a direct-to-consumer women’s luxury apparel brand.
Second Avenue Capital Partners and White Oak Commercial Finance have closed on a $16 million asset-backed revolving credit facility for Marolina Outdoor, a Charleston, SC based apparel company.
Second Avenue Capital Partners and White Oak Commercial Finance closed a $35 million asset-backed revolving credit facility for Charming Charlie, a Houston-based women’s specialty retailer.
Second Avenue Capital Partners closed a $20 million asset based credit facility for Fallas Stores, a new entity formed in the wake of National Stores’ bankruptcy.