Private Equity Group Utilizes DS-Concept to Facilitate Significant Growth
DS-Concept USA provides $3,500,000 non-recourse factoring facility to a niche manufacturer of officially licensed consumer products in the gaming industry.
Rather than injecting more equity to support their portfolio company’s growth, the PE group is using DS-Concept to free up an additional $3,500,000 in working capital by financing the company’s domestic and foreign AR. In addition to increasing the company’s working capital, DS-Concept’s global footprint strengthens the company’s credit and collections capabilities overseas, ultimately allowing them to be more aggressive in foreign markets.
The company, based in New York, is an emerging brand name in the $100 billion gaming industry. They sell to major retailers and distributors across North America, Europe, and Asia, and are experiencing significant growth in each region. Because of DS-Concept’s international finance expertise and capabilities, DS was considered the most suitable finance partner to facilitate the company's near-term growth.
DS-Concept is an international trade finance group headquartered in Germany with 14 global offices. DS-Concept works with SME and middle market companies worldwide to provide non-recourse factoring and supply chain financing. With over 150 employees located in 11 countries, speaking over 15 languages, our staff offers world class customer service and truly understands global trade.