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Consumer & Retail
Wingspire Capital
Specialty finance and senior debt solutions
Provided Debt Financing
Worldwise
Manufactures pet products for dogs and cats
Advised on Recapitalization of Company
Closed a senior secured credit facility for pet care products company Worldwise
Capstone Partners (IMAP USA) is pleased to announce the closing of a $46 million senior secured credit facility for Worldwise, Inc., the proceeds of which refinanced existing indebtedness and provided ongoing working capital. Wingspire Capital LLC served as agent.
Based in Novato, CA, Worldwise is a leading supplier of branded pet care products including cat and dog toys, catnip, cat scratchers, and bedding, among other pet accessories. Worldwise has developed an omnichannel presence and is typically the category leader with respect to its core product offering.
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