Houlihan Lokey Advises Monolith

Monolith Brands (Monolith), a consumer products company with a portfolio of omnichannel brands, has raised $230 million of committed capital to accelerate the company’s acquisition and growth strategy. The financing consisted of approximately $50 million in equity and $180 million in debt capacity in its Series A fundraising round.

Founded in 2020 with offices in New York and Utah, Monolith is a consumer products company with a portfolio of omnichannel brands organized across a focused set of sector verticals, including pet and baby and toddler. The company seeks to acquire established brands with differentiated products, avid customers, and strong market positions within particular subcategories of its core sector verticals. As part of the Monolith platform, these brands can access the capital, operational resources, and sector expertise necessary to expand their reach.

Houlihan Lokey served as exclusive placement agent to Monolith and assisted in marketing, structuring, and negotiating the debt and equity financings on behalf of the company. This transaction highlights Houlihan Lokey’s success and momentum in simultaneously raising debt and equity capital for growth-stage companies. Houlihan Lokey was able to drive significant competitive tension among investors to achieve Monolith’s objectives, which included securing significant incremental capacity to accelerate Monolith’s acquisition and growth strategy.