Ares Commercial Finance (“ACF”) provided a $30 million senior secured revolving line of credit to Marolina Outdoor, Inc., a portfolio company of Goode Partners (the “Sponsor”). Proceeds of the revolving credit facility, in conjunction with a term loan facility by Sagard Credit Partners, will be used in support of a recapitalization by the Sponsors and management.  Additionally, capital was also used to support retail and wholesale growth and to establish a brick and mortar presence.  

Marolina Outdoor, headquartered in Charleston, South Carolina, was founded to bring deep-seated product expertise across all outdoor categories. The company’s innovative designs and technologically focused products create the foundation of authentic outdoor apparel. Huk clothing represents a fresh take and a unique understanding of angling needs, offering functional styles that appeal to anglers of all ages. NOMAD is motivated to provide quality apparel so that hunters can maximize their experiences to hunt and provide sustenance regardless of the size of the game or where their pursuits lead them. For more information please visit www.marolina.com.