Rosenthal Closes Two Transactions Totaling $38MM

Rosenthal & Rosenthal, a factoring, asset-based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, completed two transactions, including a $35 million acquisition deal for a large consumer products importer and a combined $3 million purchase order financing and factoring deal to support an established footwear company.

Rosenthal was approached by the principals of a NY-based importer and distributor of various consumer products who had an opportunity to make a significant acquisition which would enable the company to expand into the footwear sector. Recognizing the significant growth opportunity at stake, Rosenthal provided $35 million of financing – both acquisition funding and working capital – that positioned the company to acquire a well-established, closely held importer of branded and private label footwear.

“We’re pleased we were able to provide such an effective one-stop solution that allowed this client to take advantage of a significant growth opportunity, without having to raise additional capital or dilute their ownership,” Michael Cipriani, EVP of business development at Rosenthal, said. “With Rosenthal’s flexible financing and our ability to leverage existing assets, the company was able to successfully execute this important acquisition.”