CHARLOTTE, N.C.--(EON: Enhanced Online News)--Capitala Group (“Capitala”), a provider of capital to lower and traditional middle market companies, announced today that it recently invested in BigMouth Inc. (“BigMouth” or the “Company”). BigMouth is a leading boutique designer of unique and innovative lifestyle products.
Capitala Finance Corp., a business development company managed by Capitala, (Nasdaq:CPTA) invested first lien debt and equity alongside Capitala Group affiliated funds. The investment was made in support of CID Capital’s recapitalization of the Company.
Based out of Glastonbury, CT, BigMouth designs an exclusive line of high-quality oversized lifestyle products and creative gifts. The Company sells its products through a variety of leading blue-chip retailers, websites and specialty retailers to a diverse group of customers in more than 50 countries.
About Capitala Group
Capitala Group is a leading provider of capital to lower and traditional middle market companies, through its family of credit focused funds. Since 1998, Capitala Group's managed funds have participated in over 133 transactions, representing over $1.2 billion of investments in a variety of industries throughout North America. Capitala Group manages both public capital (Capitala Finance Corp.) (Nasdaq:CPTA) and private capital (Capitala Private Credit Fund V, L.P. and CapitalSouth SBIC Fund IV, L.P.) for institutional and individual investors, and seeks to partner with strong management teams to create value and serve as long term partners. For more information, please visit www.CapitalaGroup.com.
About Capitala Finance Corp.
Capitala Finance Corp. is a business development company that invests primarily in traditional mezzanine, senior subordinated and unitranche debt, as well as senior and second-lien loans and, to lesser extent, equity securities issued by lower and traditional middle market companies. The Company is managed by Capitala Investment Advisors, LLC. For more information on Capitala, or to automatically receive email notifications of Company financial information, press releases, stock alerts, or other corporate filings, please visit the Investor Relations section of our website.
This press release contains certain forward-looking statements. Words such as “believes,” “intends,” “expects,” “projects,” “anticipates,” and “future” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in the Capitala’s filings with the Securities and Exchange Commission. Capitala Finance Corp. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.