TCF supports Clearview Capital’s buyout of Mudlick Mail


TCF Capital Funding, a TCF National Bank unit, provided $14 million in financing to back Clearview Capital’s acquisition of Mudlick Mail. Based in Acworth, Georgia, Mudlick Mail is a provider of direct mail and related marketing solutions for small and medium-sized businesses.

PRESS RELEASE

CHICAGO, IL (July 13, 2018) – TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation (TCF) (NYSE: TCF), today announced that it acted as Administrative Agent to the Lenders for the secured financing to support Clearview Capital in the acquisition of Mudlick Mail, LLC (“Mudlick Mail” or the “Company”).

Headquartered in Acworth, GA, Mudlick Mail is a leading provider of turnkey, data-driven direct mail and related marketing solutions primarily to small and medium size businesses and franchises in a wide variety of consumer services industries, including automotive services, healthcare, and home services businesses. Leveraging its proprietary technology, the Company has developed a scalable, high-touch direct mail marketing solution providing end-to-end customer service and support for small and medium size businesses serving local markets. Mudlick Mail provides response tracking, employee training and performance feedback throughout the campaign process as well as post-campaign analytics that help its customers understand a clear return on their investment. For more information, visit www.mudlickmail.com.

“Through their consultative, high-touch approach and scalable technology, Mudlick Mail has found a way to efficiently provide small and medium size businesses serving local markets with a direct mail marketing solution that normally is only available to much larger businesses. TCF is very pleased to have provided the financing to further Mudlick Mail’s growth,” said TCF Capital Funding Vice President, Scott Nielsen.

About TCF Capital Funding
TCF Capital Funding provides cash flow and asset-based lending to lower middle market businesses. National in scope, this senior leveraged lending group focuses on providing private equity sponsor-backed cash flow loans and asset-based loans to companies with less than $100 million in revenue and between $2 million and $10 million in EBITDA. TCF Capital Funding is a division of TCF National Bank, which is a subsidiary of TCF Financial Corporation (TCF) (NYSE: TCF). To learn more about TCF Capital Funding, visit www.tcfcapitalfunding.com.

About TCF Bank
TCF is a Wayzata, Minnesota-based national bank holding company. As of March 31, 2018, TCF had $23.4 billion in total assets and 318 bank branches in Illinois, Minnesota, Michigan, Colorado, Wisconsin, Arizona and South Dakota providing retail and commercial banking services. TCF, through its subsidiaries, also conducts commercial leasing and equipment finance business in all 50 states and commercial inventory finance business in all 50 states and Canada. http://ir.tcfbank.com.

About Clearview Capital
Clearview Capital, LLC (“Clearview Capital”) is a private investment firm based in Stamford, CT that invests in and develops lower middle market, North American companies with operating profits of $3 – $15 million. Clearview Capital invests and works collaboratively alongside management teams to provide targeted strategic and operational assistance as well as capital to fuel organic and acquisition growth. Since inception, the Clearview Capital team has completed over 100 transactions in a wide variety of industries. For more information about Clearview Capital, please visit www.clearviewcap.com.