Los Angeles, CA - A licensed multi-unit franchisee of Krispy Kreme Doughnuts ("the Company") has obtained a senior term loan from Deerpath Capital Management ("Deerpath") in order to provide liquidity for existing shareholders and to fund the development of new Krispy Kreme stores. FocalPoint acted as exclusive financial advisor to the licensed multi-unit franchisee.
The Company is one of Krispy Kreme Doughnuts' largest and fastest growing U.S. franchisees, and has built a reputation for its high quality products, customer service, friendly employees, and efficient operations.
"The FocalPoint team proved itself an indispensable partner, who exposed us to a broad array of capital raising alternatives and facilitated our analysis by providing trustworthy, objective advice. More importantly, once we solidified our goals, FocalPoint expertly guided our process, represented our interests with conviction and facilitated a flawless execution. We could not be more pleased with the result!" said the CEO of the Company.
About Deerpath Capital Management, LP
Deerpath Capital Management makes privately negotiated investments in the debt and equity of lower middle market companies and seeks to provide value added financing with speed, flexibility and skills with complex financial transactions. It prefers to invest in senior secured loans, but will consider other forms of investment on an opportunistic basis. Deerpath applies a private equity approach to credit investments, with a specialty focus in key industry sectors (communications, energy/natural resources and health care) as well as general capabilities across a broad range of manufacturing and services industries. Deerpath has offices in New York, Chicago, Los Angeles, Houston and Ft. Lauderdale, and employs 25 professionals. For more information on Deerpath Capital Management, visit www.deerpathcapital.com
About FocalPoint Partners, LLC
FocalPoint is an independent investment bank, specializing in mergers and acquisitions, private placements (both debt and equity), financial restructurings and special situation transactions. With offices in Los Angeles and Chicago, the firm serves middle-market clients throughout the U.S. For more information on FocalPoint Partners, visit www.focalpointllc.com