Crescent European Specialty Lending Announces Financing For Harwood Private Equity’S Refinancing Of Assisi Pet Care & Acquisition Of Leading Dog Treat Manufacturer Maced
Acquiring Company
Crescent Lending LLC
Acquired Company
Dog Treat Manufacturer
Description
Crescent Capital Group LP, a leading alternative credit investment firm, announced today that its European Specialty Lending strategy has provided financing to support Harwood Private Equity’s refinancing of Assisi Pet Care, one of the leading manufacturers and suppliers of natural cat and dog foods and treats in the U.K., Germany and Poland. The financing also supports Assisi’s acquisition of Poland-based Maced Sp. Z.o.o., the leading manufacturer of natural dog treats with a focus on dried animal parts in Europe. The financing package includes a sizeable acquisition facility to enable Assisi to continue its acquisitive growth strategy. Terms of the transactions were not disclosed.