Fundz

Sound Point Capital Provides Financing To Dura Automotive

RECENTLY ACQUIREDJul 13, 2022

Round Type

Funding Round

New YorkManufacturingProfessional ServicesFinancial ServicesLending And InvestmentsE CommerceFashionRetailLifestyle

Description

Sound Point Capital Management (“Sound Point”) is pleased to announce that it provided an Accounts Receivable Facility for Dura Automotive (“Dura” or the “Company”), a global designer and manufacturer of highly engineered automotive systems and portfolio company of MiddleGround Capital (“MiddleGround” or the “Sponsor”). Dura will use proceeds of the facility to support the continued growth across its three core business segments, including its electric vehicle (BEV) battery trays business unit.

Quick answer

Centric Brands raised an undisclosed amount in a Funding Round round, dated July 13, 2022. Centric Brands is based in New York, New York, United States.

How much did Centric Brands raise?
Centric Brands raised an undisclosed amount in a Funding Round round on July 13, 2022.
What does Centric Brands do?
Centric Brands LLC. is a global leading lifestyle brand collective that has unparalleled expertise in product design, development and sourcing, retail and digital commerce, marketing, and brand building.
Where is Centric Brands based and how big is it?
Centric Brands is based in New York, New York, United States. Fundz records about 2,300 employees.
Who are the decision-makers at Centric Brands?
Fundz holds 5 contacts at Centric Brands, including the Vice President Design and Merchandising. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Professional Services and Financial Services around the same time

Companies in the same sectors as Centric Brands that raised within 45 days of this round, from Fundz verified event records.

  • Quavo raised $3M on July 20, 2022.
  • Quavo raised an undisclosed amount (Funding Round) on July 19, 2022.
  • Richemont raised an undisclosed amount on June 22, 2022.
  • Ponto raised $261K (Seed) on August 19, 2022.
  • Neptune Wellness Solutions raised $3.6M (Seed) on July 13, 2022.
  • VIAVIA raised an undisclosed amount (Seed) on August 25, 2022.

Who to call at Centric Brands, and when

A new round usually means Centric Brands is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Centric Brands raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Centric Brands, from your own LinkedIn network

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Company Information

Company

Centric Brands

Location

New York, New York, United States

About

Centric Brands LLC. is a global leading lifestyle brand collective that has unparalleled expertise in product design, development and sourcing, retail and digital commerce, marketing, and brand building. Centric designs, sources, markets, and sells high-quality products in the kids, men’s and women’s apparel, accessories, beauty, and entertainment categories. The Company’s portfolio includes licenses for more than 100 iconic brands, including Calvin Klein®, Tommy Hilfiger®, Nautica®, Spyder®, and Under Armour® in the kid’s category; Joe’s Jeans®, Buffalo®, Hervé Léger®, and IZOD® in the men’s and women’s apparel category; Coach®, Kate Spade®, Michael Kors®, All Saints®, Frye®, Timberland®, Hunter®, and Jessica Simpson® in the accessories category; and in the entertainment category, Disney®, Marvel®, Nickelodeon®, and Warner Brothers® among many others. The Company also owns and operates Zac Posen®, Hudson®, Robert Graham®, Avirex®, Fiorelli®, and Taste Beauty® and operates a joint venture brand, Favorite Daughter, with Sara and Erin Foster. The Company’s products are sold through leading mass-market retailers, specialty and department stores, and online. The Company is headquartered in New York City, with U.S. offices in Los Angeles and Greensboro, and international offices in London, Toronto, and Montreal. Centric Brands social impact efforts are centered around our commitment to serve and uplift the communities where we live and do business. Through our collective volunteerism and contributions, we are dedicated to making a caring and lasting impact on the world around us. For more information about Centric Brands, please visit www.centricbrands.com.

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Related People

5 contacts
Verified contactsMayer V., Vice President Design and Merchandising hidden hidden hiddenSee plans and pricing
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Centric Brands raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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