Assembled Brands Closes $18 Million in Deals in Q1 2023

Assembled Brands, the leader in financing today’s top consumer brands in the United States, closed $18 million in new facilities during the first quarter of 2023. 

Through flexible lines of credit, the lender is supporting emerging consumer goods brands from various industries by addressing working capital needs. The funds support growth opportunities, improve inventory positions and relieve some of the capital constraints many businesses face in a tumultuous market this year. 

Some of the recent transactions include:

$4.5MM for a popular home goods company with over $27 million in annual sales

$2MM for a premium athletic apparel company that has grown 6X during the last 12 months

$6MM for a well-known beauty company with over $20 million in annual sales 

By leveraging accounts receivable and inventory to support the new lines of credit, many brands gained access to flexible capital to fuel revenue and growth, while enhancing company liquidity. 

Besides new loan facilities, Assembled Brands also approved 9 upsizes to existing portfolio credit facilities, further raising the total of funds made available to businesses in the consumer goods space.

Looking ahead, the asset-based lender is optimistic about the upcoming quarter. Half a dozen best-performing consumer companies, including an innovative intimates brand that grew 100% year-over-year, are expected to close. With a pipeline of roughly $20MM for April alone, the work of powering consumer companies continues. 

“Many growing consumer brands are drawn to Assembled Brands due to our ability to not only rapidly fund their growth, but also power the entire ecosystem of consumer goods. Our partner network offers everything from marketing expansion, data analytics, team recruitment, to overall business development, which is of great value to emerging businesses,” says Jeff Mangiafico, Vice President of Origination at Assembled Brands.

For more information about Assembled Brands and its recent transactions, visit www.assembledbrands.com.

About Assembled Brands

Assembled Brands takes a long-term, hands-on approach to building enduring companies and platforms with founding teams from their inception and beyond. It builds with a focus on values, culture, and cutting-edge art and design. Assembled Brands makes direct investments across the capital stack with a primary emphasis on consumer products and financial & business services.