Audax Private Debt Provides Financing to Support Swander Pace Capitals’ Acquisition of Maple Donuts
NEW YORK - Audax Private Debt announced that, as Sole Investor, it provided Mezzanine Notes to support Swander Pace Capital’s investment in Maple Donuts (or the “Company”), an independent manufacturer of ready-to-sell and ready-to-serve donuts and other baked goods for supermarkets, retail stores, and foodservice distributors across the United States.
Founded in 1946 and headquartered in York, PA, Maple Donuts partners with major supermarkets and grocery stores to develop and produce private label ready-to-sell and ready-to-finish donuts. The Company supports a growing customer base of 60+ supermarket and grocery store chains throughout the United States.
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Based in New York, Audax Private Debt is a leading debt capital partner for North American middle market companies. Since its inception in 2000, the firm has invested more than $44 billion in support of over 295 private equity sponsors. Audax Private Debt works collaboratively to build tailored financing solutions for its clients through a comprehensive range of offerings that includes first lien, stretch senior, unitranche, second lien, and subordinated debt, as well as equity co-investments. Audax Private Debt is an experienced and trusted partner with senior leadership averaging more than 26 years in private credit and 15 years working together at the firm through multiple economic cycles. For more information, follow us on LinkedIn.
