Crescent Capital Group’s European specialty lending strategy provided a unitranche facility to support the refinancing of DMC Group, a global platform of needlecraft brands and a portfolio company of Lion Capital. Crescent provided an acquisition facility to further support M&A.
“We are proud to support Lion Capital and DMC Group on this refinancing, which we believe will continue to support the company’s strong growth trajectory as the preeminent leader in needlecraft brands,” Christine Vanden Beukel, managing director and head of Crescent’s European specialty lending strategy, said. “This transaction continues to demonstrate Crescent’s ability to provide flexible financing for innovative, market-leading companies.”
