Deal Roundup - Select Deals from Q2

With a whirlwind Q2  behind us, we wanted to look back and highlight a few of the exciting partnerships that we’ve funded. At Assembled Brands we're always looking for ways to help fast growing companies expand their reach and fuel their working capital needs. These select brands that we’ve partnered with have a wide range of distribution, from their own DTC websites, to major platforms such as Wayfair, and of course traditional brick and mortar wholesale. The team at Assembled Brands believes that those companies that can reach their customers through all channels available will have the best economies of scale.

With the pandemic fueled explosive growth in everything home related, we were able to provide a $1 million facility for a high end vanity and bathroom furniture company selling exclusively online and primarily through Wayfair and affiliated sites. The ability to find comfort in a new channel was key to winning the deal.

The theme of channel diversification continues to be seen in the form of a $3 million facility provided to a designer of graphic tees and sweats that are sold and designed exclusively for retail outlets. The targeted tween audience has provided the company with explosive growth over the years. With strong margins and a captive audience we were able to provide leverage against the inventory on hand as well as the accounts receivable generated by the strong sell through.

Lastly, seeing the strength of the boom in health and fitness, Assembled Brands partnered with a ready to drink protein shake and mix company. Due to the company’s strong repeat customer base and impressive cohort analysis, a $1.25 million facility was put in place to help provide capital for the brands growing inventory needs. The fact that the product was also sold through retail, impressed our underwriting team, and a layered account receivable financing line was also provided.