Salus Capital Partners, LLC, announced it has provided a $50 million Senior-Secured Credit Facility to Hampshire Group, Limited. The financing will be used for general corporate purposes.

Hampshire Group, Limited, along with its wholly-owned subsidiaries, Hampshire Brands, Inc. and Rio Garment S.A., is a provider of fashion apparel across a broad range of product categories, channels of distribution and price points. The company specializes in designing and marketing men’s sportswear to department stores, chain stores and mass market retailers under licensed brands, its own proprietary brands and the private labels of its customers. Hampshire Brands holds licenses for brands with national followings including Dockers and Panama Jack.

“Salus Capital Partners brings significant experience in the apparel industry which will provide Hampshire Group the flexibility we need to navigate the current environment,” said Paul M. Buxbaum, chairman and CEO of Hampshire Group.

“Hampshire has an experienced management team and is in a strong competitive position with well-known licensed brands and a strong portfolio of labels that it offers to major retailers, department stores and national chain stores,” said Andrew H. Moser, president of Salus Capital. “These strengths, combined with both our knowledge of Hampshire’s industry and our historical working relationship with Hampshire’s sponsors, places this deal squarely in Salus Capital’s sweet spot and we look forward to a successful, long-term relationship.”

Salus Capital is a direct originator of secured asset-based loans to the middle market across a variety of industries with additional complementary financing throughout the capital structure. Target transaction sizes range from $5 to $50 million, with the ability to hold up to $100 million and to syndicate larger transactions. The Salus Capital platform also serves as an asset manager for like-minded institutional investors such as community and regional banks, insurance companies, family offices, private equity funds and hedge funds who may lack the infrastructure and dedicated competency within senior secured lending.