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Crescent European Specialty Lending Announces Financing For Harwood Private Equity’S Refinancing Of Assisi Pet Care & Acquisition Of Leading Dog Treat Manufacturer Maced

Feb 14, 2022almost 4 years ago

Acquiring Company

Crescent Lending LLC

Acquired Company

Dog Treat Manufacturer

LincolnFinancial ServicesProfessional Services

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.

Company Information

Company

Crescent Lending LLC

Location

200 S 17TH STREET, STE 200

Lincoln, England, United Kingdom

About

Crescent Capital Group is headquartered in Los Angeles with offices in Boston, London, and New York. With more than 85 investment professionals and approximately 180 employees, the firm invests at all levels of the capital structure, with a significant focus on below investment grade credit through strategies that invest in senior bank loans, unitranche loans, high yield debt, mezzanine debt, and other private debt securities. As of June 30, 2021, Crescent Capital Group managed approximately $34 billion, with a relatively equal split between marketable securities and privately originated debt investments.

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