NEW YORK, May 11, 2015 /PRNewswire/ -- TM Capital, a leading middle market investment banking firm with offices in New York, Boston and Atlanta, served as exclusive financial advisor to Mud Pie, a leading designer and marketer of branded gifts, decor, accessories and apparel, in its recapitalization with SunTrust Bank, Fifth Third Bank and Monroe Capital.
As long-term advisor to Mud Pie, TM Capital first advised the Company in its 2010 transaction with Lineage Capital, which provided Mud Pie with an institutional partner to create liquidity and help accelerate the already impressive growth of the business. Five years later, Mud Pie has now doubled in size, and TM Capital was tasked with facilitating an attractive exit for Lineage, while providing the Company with the strong financial footing necessary to continue its growth.
TM assisted Mud Pie in evaluating a range of strategic alternatives—ultimately negotiating, arranging and structuring a debt recapitalization—to fund the acquisition of the Lineage stake at an attractive rate of return. The financing 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. This transaction highlights TM's unmatched ability to help its clients create long-term value by architecting and structuring innovative financing solutions.
About TM Capital TM Capital Corp. is a partner-owned investment banking firm based in New York, Boston and Atlanta, which has completed over 250 transactions with a combined value in excess of $16 billion. Since 1989, we have advised clients navigating a full range of critical transactions, including complex mergers, acquisitions, debt and equity financings, minority and majority recapitalizations, restructurings, and advisory services including takeover defense, fairness and solvency opinions and valuations. We have built deep industry expertise in key sectors and our team regularly publishes research highlighting current and emerging trends in targeted industries and markets. TM Capital is a member firm of M&A International Inc., the world's leading alliance of mid-market investment banks with over 650 M&A professionals in 42 countries. Members have closed over 1,400 transactions totaling more than $75 billion in value over the past five years. For more information, visit www.tmcapital.com.