Giftcraft completes recapitalization and partners with CID Capital and ORIX Mezzanine & Private Equity

1 minute read
14 January 2019

On January 14, 2019, Giftcraft Ltd. announced a significant recapitalization and new partnership with CID Capital and ORIX Mezzanine & Private Equity.

Giftcraft Ltd., headquartered in Toronto, Ontario, services a diverse network of décor and giftware retailers in North America and internationally. CID Capital makes majority investments in lower-middle-market consumer product companies. ORIX Mezzanine & Private Equity invests control and non-control equity and mezzanine capital in lower-mid to middle-market companies.

Gowling WLG advised a leading global bank, as administrative agent and lender, to facilitate this transaction with a team led by Kelby Carter that included Christopher Alam, Magda Hanebach and Samuel Starkman.

NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.