Boston, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, has provided a revolving credit facility to support S5 Equity's acquisition of Hammacher Schlemmer.
As part of the acquisition, S5 Equity plans to strengthen the 170-year-old catalog retailer's customer experience and loyalty while continuing to shift the catalog business to its e-commerce platform.
Gordon Brothers recently expanded its lending platform to provide revolving credit facilities, in addition to first-in, last-out loans, split-lien or stretch financing, bridge financing and in-transit financing, enabling the firm to offer creative liquidity solutions tailored to companies' needs at any point in the business lifecycle.
"Our combination of in-house asset and credit expertise enables us to provide holistic solutions to our clients throughout the asset lifecycle, and we had the opportunity to help a well-known reputable brand by funding this ...
