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Configure Partners Advises Mitre Peak Capital on Financing for Investment in and Partnership with Core Covers

Date: Feb 17, 2022 @ 07:00 AM
Filed Under: Industry News

Configure Partners announced its role as exclusive financing advisor to Mitre Peak Capital in securing committed debt capital to support Mitre Peak’s investment in and partnership with Roberts Manufacturing, LLC (d/b/a “Core Covers”), a leading manufacturer of outdoor spa covers, related spa accessories, and other complex, just-in-time cut-and-sew products across various end-markets.

Configure acted as exclusive financing advisor to Mitre Peak in connection with securing debt financing to facilitate the transaction. Configure supported all aspects of the financing process including lender screening, approach to market, transaction structuring and negotiation of the financing-related documentation.

“Configure leveraged its credit experience and deep relationships to secure a great outcome for us on the financing,” said Dan Davidson, Partner at Mitre Peak. “Configure’s detailed involvement allowed us to focus more of our efforts on operational and financial due diligence and refining the value creation plan with senior management. Configure was a valued advisor throughout the process and we appreciate their on-going support.”

Jay Jacquin, Managing Director at Configure, commented, “We believe the partnership between Mitre Peak and Core Covers will lead to continued excellence and growth for the business in the spa cover and broader outdoor leisure markets. We are extremely pleased to have worked with the Mitre Peak team and to have played a role in helping them achieve their new partnership with Core Covers.”


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