mudpie3 (1)

Mud Pie CEO buys back Lineage Capital stake

Many times private equity firms provide an exit for entrepreneurs who don’t have anyone to take over their businesses. But the situation with Mud Pie LLC shows that it’s possible to get your company back from private equity.


Mud Pie buys back Lineage Capital stake

Mud Pie LLC has acquired the stake in the company owned by Lineage Capital LLC. Monroe Capital LLC provided the subordinated debt funding that allowed Mud Pie to return to 100 percent family ownership. Atlanta-based Mud Pie makes affordably priced gifts for the home and hostess, for babies and toddlers, seasonal and holiday gifts and a collection of fashion and fashion accessories.

NXT Capital Backs Lineage Capital’s Halco Lighting Recap

NXT Capital has provided a $21.5 million senior secured credit facility to fund Lineage Capital’s recapitalization of Halco Lighting Technologies. Founded in 1974 and headquartered in Atlanta, Halco Lighting Technologies is a leading manufacturer and supplier of a full line of lamps and ballasts for the commercial, industrial, residential and specialty lighting markets.

Lineage Capital Backs LifeSafer Interlock Holdings

Boston-based Lineage Capital has invested an undisclosed amount in LifeSafer Interlock Holdings, a maker of ignition interlock devices used in the automobiles of convicted drunk driving offenders. Financial terms of the deal were not released. Northstar Capital provided debt financing and an undisclosed amount of equity in the round.

Steve Glick Leaves Lineage Capital

Steve Glick has stepped down as a principal with Lineage Capital, peHUB has learned. He plans to join the middle-markets group of Sankaty Advisors.

Lineage Capital Recaps Bioreclamation

Lineage Capital has sponsored a majoroity recapitalization of Bioreclamation Inc., a Westbury, N.Y.-based maker of control matrix material used by biotech and pharma companies in preclinical and clinical development. No financial terms were dislcosed. Mufson Howe Hunter & Co. advised Bioreclamation on the deal.

PE HUB Community

Join the 12523 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget