WhiteHorse Capital Provides Financing to Sports Endeavors
June 4, 2024 – WhiteHorse Capital has partnered with Seawall Capital (“Seawall”) to provide a Term Loan Credit Facility to Sports Endeavors. Proceeds were used to refinance existing debt and acquire two add-on acquisitions. Founded in 1984, and headquartered in Hillsborough, North Carolina, Sports Endeavors is the largest soccer-focused online retailer in the U.S. providing a “one stop shop” for players and fans alike.
“We are excited to partner with the WhiteHorse Capital team on our investment in Sports Endeavors. WhiteHorse worked quickly and efficiently to provide us with certainty of close, and we look forward to working with them as we grow the business,” said Matt Eby, Managing Partner at Seawall Capital.
Matt Brown, Managing Director at WhiteHorse Capital, added, “We are excited to support Seawall, who has a deep expertise in the consumer sector, as they execute on the next stage of growth for Sports Endeavors.”
About Sports Endeavors
Sports Endeavors is a soccer-focused online retailer providing custom uniforms, balls, shoes, and sideline apparel to U.S. youth soccer clubs as well as fandom soccer products to fans and players nationally. The Company maintains three websites Soccer.com, WorldSoccerShop.com, and 431sports.com.
About WhiteHorse Capital
WhiteHorse Capital provides debt financing to middle market companies across a wide range of industries, including Telecom, Media and Technology, Healthcare, Business Services and Financial Services. WhiteHorse has a broad investment mandate and provides senior and subordinated debt for refinancings, growth capital, acquisitions, buyouts, and balance sheet recapitalizations. WhiteHorse Capital professionals, across the U.S. and Europe, have extensive experience and a proven track record of providing creative financing structures and employing a long-term relationship oriented portfolio management philosophy. For more information, please visit our website at www.whitehorse.com.