The Company

A leading, private-equity backed consumer e-commerce platform (the “Company”) with over $2 billion in revenue is experiencing rapid change and growth. The Company recently acquired a competitor, made changes to its management team, and is in the process of making several operational improvements to realize efficiencies across the combined business.

The Situation

To bolster liquidity amidst the economic uncertainty caused by COVID-19, the Company sought a sale leaseback of all mission-critical personal property across its various manufacturing facilities located in the United States. This includes technology and other manufacturing equipment.

The Result

The Company was able to increase its liquidity meaningfully through the sale leaseback transaction, which will help support the Company through any potential business interruptions caused by COVID-19.