Monolith Brands Group, Inc. announced that it has received $230 million in funding from Hayfin Capital Management LLP, Ares Management Corporation and other investors

On September 27, 2022, Monolith Brands Group, Inc. closed the transaction. The company amended the terms of the transaction. The company received $230,000,000 in the transaction.

On the same date the company received $182,500,000 in its second and final tranche closing co-led by funds managed and/or advised by Hayfin Capital Management LLP and Ares Management Corporation. The company issued preferred stock for approximately $50,000,000 and non-convertible debt for $180,000,000.