Triangle Capital Corporation, a leading provider of capital to lower middle-market companies, announced today that it closed a $27.6 million second lien debt investment in KidKraft, Inc., a designer and distributor of toys and playsets for children.
Triangle Capital Corporation invests capital in established companies in the lower middle-market to fund growth, changes of control and other corporate events. Triangle offers a wide variety of investment structures with a primary focus on mezzanine financing with equity components.