Stellus Provides Financing in Support of EagleTree Capital’s Acquisition of MacKenzie-Childs.
Oct 04, 2022Houston, TX – October 4, 2022 – Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates provided senior debt financing and an equity co-investment in support of the acquisition of MacKenzie-Childs (“MacKenzie-Childs” or the “Company”) by investment funds managed by EagleTree Capital (“EagleTree”).
Headquartered in Aurora, New York, MacKenzie-Childs is a fully integrated designer, manufacturer, and multichannel merchant of high-quality, hand-decorated ceramic and enamel tableware, furniture, and home and garden accessories. The brand is best known for distinctive designs that combine vibrant colors and pattern-on-pattern surface decoration to create a fresh, original aesthetic.
“MacKenzie-Childs is a truly iconic brand with a devoted following,” said Stuart Martin, Partner at EagleTree, adding, “We are pleased to partner with Stellus on this transaction and appreciate their support and flexibility during the financing process.”
“We are excited to partner with EagleTree on another transaction and look forward to working with John Ling and the entire MacKenzie-Childs management team,” said Colin Baker, Managing Director at Stellus, adding, “EagleTree’s breadth of investing experience in the consumer sector will serve as a strong foundation to support the Company’s continued growth.”
For inquiries related to this Press Release, please contact:
Colin Baker
(713) 292-5411
cbaker@stelluscapital.com