TCF Capital Funding, the Chicago-based leveraged finance division of TCF National Bank has provided $8.5 million in senior secured credit facilities to back the recapitalization of Direct Marketing Solutions. The refinancing is being funded by Caymus Equity Partners, Centerfield Capital Partners and management.

Wythe Will Distributing, a portfolio company of Slate Capital Group, has merged with Tzetzo Bros. The combined company will be called Wythe Will Tzetzo. Terms of the deal were not released. Buffalo, NY-based Tzetzo is a provider of national branded, unbranded, and private label confectionery products. Williamsburg, Va.-based Wythe Will is a distributor of branded and private label packaged gourmet food and confections. Slate Capital will hold a controlling stake in the combined company. Additional equity investment and mezzanine financing for the deal came from Triangle Capital Corporation and Centerfield Capital Partners. M&T Bank, Fifth Third Bank and First Niagara Bank provided senior debt financing.

Centerfield Capital Partners has raised $59.85 million from 23 investors so far for its third fund, Buyouts reported, citing a recent regulatory filing.

It unclear how much the Indianapolis-based firm is seeking to raise for the fund, Centerfield Capital Partners III LP.

Centerfield Capital provides subordinated debt and equity to lower mid-market companies for acquisitions, growth financings, recapitalizations, corporate divestitures and other types of transactions. The firm currently manages approximately $200 million, according to its Web site. Centerfield Capital raised $130 million for its previous fund in 2006, according to Capital IQ.