Rosenthal & Rosenthal Southeast, a wholly owned subsidiary of Rosenthal & Rosenthal, Inc., has acquired Lyon Capital Corporation, the factoring division of Lyon Credit Services, the premier credit reporting agency in the home furnishings industry since 1876.
WHO: Lyon Mercantile Group has been the premier Credit Reporting Agency in the Home Furnishings, Home Décor, Textile, Juvenile, and Giftware Industries since 1876. Lyon Collection Services is an industry leader in third-party Commercial Collections and Accounts Receivable Management, licensed and bonded to collect any commercial debt nationwide.
Rosenthal & Rosenthal is the leading factoring, asset-based lending, purchase order financing, D2C, and e-commerce inventory financing firm in the United States. Founded in 1938 by Imre J. Rosenthal, the firm is now led by the third generation of the Rosenthal family. As a privately held company, Rosenthal is committed to providing personalized service and flexible lending to clients across a broad range of industries. Rosenthal has offices in New York, California, Georgia, and North Carolina.
WHY: Since the firm’s $2 billion acquisition of BB&T’s factoring portfolio in 2018, Rosenthal & Rosenthal has continued to expand its factoring services. This transaction will expand its capabilities and reach, especially in the home furnishing sector.
IN THEIR OWN WORDS: “Lyon Credit Services has been a major figure in the furniture industry for over 147 years. We look forward to welcoming Lyon’s clients into the Rosenthal family and supporting them with our full complement of products and services as they grow their businesses,” said Peter Rosenthal, Co-President of Rosenthal. “This acquisition is another important step for our firm as we continue to broaden Rosenthal’s factoring capabilities as well as our scope and reach across the furniture sector.”
“In today’s ever-changing financial environment, Rosenthal is well positioned to add a depth of experience and coverage to better service Lyon Capital customers,” said Rick Mantin, President of Lyon Credit Services. “Since 1938, Rosenthal has had a reputation in the factoring industry for honesty, integrity and outstanding customer service.”
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