Growve, a leading brand aggregator specializing in acquiring, operating and growing world-class omnichannel brands in the supplements & active nutrition, home & leisure, beauty & personal care, lifestyle foods, and pet care & nutrition verticals, today announced an additional $205 million in funding after amending and upsizing its existing senior credit facility. Nine financial institutions led by Truist Bank, Wells Fargo Bank, N.A., and Bank of America, N.A., participated in the arrangement, which followed a $175 million credit facility announcement six months earlier for a total borrowing capacity of up to $380 million.

Just prior to this expansion of the senior loan, Growve also completed a $20 million equipment line closing through Truist in order to fund its organic growth and vertical integration strategy.

Growve is a brand aggregator specializing in acquiring, operating and growing world-class brands in the supplements & active nutrition, home & leisure, beauty & personal care, lifestyle foods, and pet care & nutrition verticals. Growve's team of 500+ derives its value from aggregating brands and driving growth through in-house expertise in marketplace management, digital marketing, creative services, innovation, distribution, retail sales, manufacturing, supply chain management, regulatory and accounting. The Company's portfolio includes 26 brands and hundreds of unique products.