Stonegate Capital is pleased to announce it has closed on the following investment:
Stonegate has closed on a senior secured credit facility for the privately-owned menswear brand, Mack Weldon. Based in New York, the company is reinventing men’s essentials with smart design, performance fabrics, and a simple customer experience. The brand’s signature lines of underwear, socks, t-shirts, sweats, and polo shirts are engineered to promote comfort, mobility, and performance. The company’s thoughtful and strategic direct-to-consumer platform was a key reason why Stonegate Capital put in place a debt facility to support the business’s significant growth. This is another investment that aligns well with Stonegate’s support of the sponsor backed, high growth consumer product space, and we are extremely excited to work with the company going forward to execute on its expansion strategy.