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.
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