NewStar Business Credit provided a $20 million revolving credit facility to Mad Catz (MCI). San Diego-based MCI designs and markets video game accessories for multiple gaming platforms. The credit facility will be used to refinance existing debt and support the company’s ongoing working capital needs.

The transaction was originated by John Rossi, a senior vice president located in NewStar’s Boston office.

“We are excited to partner with NewStar as we enter a high-growth period for our business. The team at NewStar took the time to understand our strategy and operations, analyze expected growth opportunities, and proposed a financial package structured to facilitate anticipated growth. We look forward to working with NewStar as our business partner,” stated Mad Catz president and CEO, Darren Richardson.

“NewStar is pleased to provide a flexible financing package structured to meet MCI’s ongoing working capital needs, while also supporting the launch of an exciting new phase of growth for the company,” added NewStar EVP and national marketing manager, Milton Iskra.