Sur La Table JV gets $35 million credit facility via Second Avenue

By Rebecca Melvin

New York, Sept. 8 – A Marquee Brands LLC and CSC Generation Holdings joint venture has settled a $35 million senior secured credit facility with Second Avenue Capital Partners, LLC, according to a press release.

Marquee Brands tapped CSC for a long-term partnership and signed a definitive purchase agreement to acquire Sur La Table in August.

Proceeds of the new financing will be used to provide additional working capital and to support growth of the joint venture’s newly acquired kitchenware retailer.

New York-based Marquee Brands is a brand owner and Gardena, Calif.-based CSC Generation is a technology firm that helps brands digitize. Seattle-based Sur La Table, a cookware, tools and cooking school company, filed for Chapter 11 bankruptcy protection in July.

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