Hand & Stone Franchise Corp. and Levine Leichtman Capital Partners

Madison Capital Funding closed a $145,000,000 senior debt facility to finance the Recapitalization of Hand & Stone Franchise Corp. by Levine Leichtman Capital Partners. Madison Capital Funding was Joint Lead Arranger and Administrative Agent. Further terms were not disclosed.

Hand & Stone Franchise Corp. offers professional massage services.

Founded in 2001, Madison Capital Funding is a market leader in supporting middle market private equity sponsors with cash-flow based corporate finance products. Since inception, Madison Capital Funding has invested $33.2 billion in 1,167 middle market transactions with 303 private equity sponsors.

The loan discussed does not represent an account’s entire portfolio and in the aggregate, may represent only a small percentage of an account’s portfolio holdings. A complete list of all holdings is available upon request; please contact media@mcfllc.com. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the loans mentioned herein. © 2019 Madison Capital Funding LLC. All rights reserved. Madison Capital Funding LLC is a subsidiary of New York Life Insurance Company. MCF #1815109