Thrasio today announced an additional $650 million in commitments to its senior credit facility, bringing the total amount of capital raised to more than $2 billion. The $650 million in credit facility commitments is in addition to the commitment of nearly $500 million previously announced, as well as more than $1.2 billion in equity financing. The funds give Thrasio additional flexibility and liquidity as it acquires larger brands across the globe.
Thrasio has increased the pace and size of acquisitions in recent months, as it evolves from a house of brands into a next-generation CPG company. By evaluating and acquiring well-loved brands and expanding their reach through a robust omnichannel strategy and global network, Thrasio is helping more consumers discover high-quality, exceptional-value products in Amazon’s marketplace and beyond. The additional funds will support this growth and enable entrepreneurs to benefit through lucrative exits.