Summary
Salem Partners, LLC (“Salem”) is pleased to announce a successful transaction closing on May 12th,2021, on behalf of its client, Rainmaker Holdings Group LLC (“Rainmaker”).Rainmaker hired Salem to find an institutional capital partner for its growing professional athlete /sports lending business. Rainmaker is a specialty finance company that invests structured debt andequity capital in the media & entertainment, real estate, and sports sectors. Rainmaker was looking tosignificantly grow their lending business to NFL, NBA, MLB, and NHL athletes through a partnership with one the largest and most experienced originators of sports related loans in the United States.