Monroe Capital LLC announced the funding of a subordinated debt facility to support the acquisition of the Lineage Capital, LLC stake in Mud Pie, LLC. The debt recapitalization returns Mud Pie to 100% family ownership and provides the resources and financial flexibility necessary to continue the rapid growth of its branded market presence.
 
Based in Atlanta, Georgia, Mud Pie is an award-winning manufacturer of innovatively designed and affordably priced gifts for the home and hostess, for babies and toddlers, seasonal and holiday gifts and a collection of fashion and fashion accessories. Many of Mud Pie’s unique items are packaged ready-to-give and are available in over 16,000 specialty retailers and department stores.
 
Monroe Capital LLC is a leading provider of senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments.