Capstone Partners served as exclusive financial advisor to Mud Pie, LLC in its debt recapitalization with senior secured credit facilities provided by Goldman Sachs Specialty Lending Group and an asset-based revolving credit facility provided by Truist Bank.
Mud Pie is a leading designer, marketer, wholesaler and online retailer of branded gifts, décor, accessories and apparel for women and children.
The recapitalization replaced Mud Pie’s existing senior debt with more flexible capital, providing the Company with enhanced capacity to pursue strategic growth initiatives.
This is the third transaction which Capstone Partners has completed for Mud Pie, preceded by an equity recapitalization and a leveraged recapitalization.
