Consumer & Retail | Debt & Equity Financings

Mud Pie Completes Recapitalization

  • TM Capital 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 TM Capital has completed for Mud Pie, preceded by an equity recapitalization and a leveraged recapitalization