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Topspin Consumer Partners Invests in reCommerce to Expand Brand Network
Friday 29 May 2020

New York-based private equity firm Topspin Consumer Partners has led an investment in US-based reCommerce, a selling partner of brands through Amazon, to accelerate growth and further enhance value proposition, the company said.

Terms of the transaction were not disclosed.

reCommerce offers leading consumer brands an end-to-end solution on Amazon, allowing them to capitalise on growing demand and navigate the complexities of the world's largest online marketplace.

reCommerce combines its proprietary in-house technology platform with world class creative, marketing, data analytics, brand protection, and logistics services to drive the growth of brands on Amazon.

In conjunction with the transaction, Balance Point Capital provided a unitranche loan facility and equity co-investment.

Topspin has partnered with the existing co-founders of the company, who will maintain a significant stake in the business and continue to lead the organisation.

Baird served as exclusive financial advisor to reCommerce. Lowenstein Sandler, LLP served as legal advisor to Topspin.

Topspin Consumer Partners is a Mamaroneck, NY-based private equity firm that makes investments in established, profitable and fast-growing middle-market consumer businesses.

The firm invests across a number of sub-verticals within consumer, including health and wellness, personal care/beauty, food/beverage, household goods, and juvenile products.
Date Published: 29/05/2020