Marbles: The Brain Store secures $10MM credit to open new “brain fitness” stores
Siena Lending Closes $10MM Facility for Marbles: The Brain Store (ABL Advisor):
“Siena Lending Group LLC announces the completion of a three-year $10 million credit facility for Marbles: The Brain Store (“Marbles”) to refinance their existing senior debt and to support their store growth requirements. Marbles is a portfolio company of Amzak Capital Management and the principals of Prentice Capital Management.
Headquartered in Chicago, Illinois, Marbles is a leading retailer with 36 stores of toys, games, gifts, and gadgets in the high growth brain-fitness market…Marbles differentiates itself from other toy retailers by marketing the brain-fitness aspect of its products and having a high touchpoint environment with its customers. Marbles, which has been growing strongly, plans to increase its stores count by 20% in 2016.”
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