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January 19, 2023

Winter of Deals, Facilities Reaching Over $100MM in 2022

A winter of deals: We celebrated five new partnerships and roughly $12MM in new facilities during the winter months of last year, made available to emerging consumer brands from multiple industries. The funds support growth opportunities, improve inventory positions and relieve some of the capital constraints many growing businesses faced during the economic downturn in 2022.

New facilities were procured by companies across multiple industries. By leveraging accounts receivable and inventory to support the new lines of credit, brands gained access to flexible capital to fuel revenue and growth, while enhancing company liquidity.

Looking beyond the last quarter, we also saw a tremendous year of growth in terms of new facilities and upsizes. Assembled Brands approved nineteen upsizes to existing portfolio credit facilities, further increasing the total of funds dispersed to emerging businesses in the consumer goods space. By the end of the year, our facilities peaked at over $100MM, a number projected to reach $120MM by the end of Q1, driven by our robust new business pipeline.

“Emerging businesses often come to Assembled Brands, because our team sees the value in taking the time to truly understand each brand's individual challenges and needs. This gives us the ability to precisely tailor our capital solutions to solve the problems some of today’s biggest consumer goods brands are facing as they grow,” says Jeff Mangiafico, Vice President of Origination at Assembled Brands.

We’re also optimistically looking towards the future, taking last year’s momentum and the excitement of helping more brands scale in the new year into 2023.

“It’s a great feeling knowing that Assembled Brands is able to support emerging businesses with much needed capital to fuel growth. Not only do we provide facility dollars, but also support our clients with cutting-edge technology and dedicated relationship management to scale brands and maximize the value they get from a partnership with Assembled,” says Sarah Tsunehara, Vice President of Product at Assembled Brands.

Learn more about how Assembled Brands can help you scale as you grow your business here.