DFX Intelligence
Cortec Group Fund VII, L.P. and Pink Lily Holdings, LLC
Recapitalization deal· Bowling Green, KY
Consumer services, KY.
No date on record · this record
- Announced
- Nov 16, 2021
- Firms on the deal team
- 3
- Capital providers
- 2
No date on record · this record
The buyer on this deal is not served as an independent sponsor (a strategic acquirer, or a lender recorded as the buyer). The deal team is shown, and it is not counted in any firm's independent sponsor deals.
Independent sponsor
No principal is named in the announcement.
Capital, role not stated
- Twin Brook Capital Partners · Capital provider
- Pennantpark Investment Advisers, LLC · Capital provider
The announcement
An affiliated investment group led by Cortec Group Fund VII, L.P. ("Cortec Fund VII"), in partnership with Tori and Chris Gerbig (the "Founders"), completed the growth recapitalization of Pink Lily Holdings, LLC ("Pink Lily" or the "Company").
DFX analyst research (General-assisted, every claim URL-cited) cortecgroup.com
Deal teamHow a firm is placed on a dealA firm is on this deal when the announcement, a filing, or the firm's own deal page names it in the role. Medium confidence (a biography naming the deal, or a side read from the sentence) is labelled; anything weaker is not shown.
Sponsor and buyer counsel
- Jones Day · Sponsor counsel for Cortec Group Fund VII, L.P.
Seller and company counsel
- Perkins Coie · Company counsel for Pink Lily Holdings, LLC
Sell-side advisor
- Harris Williams LLC · Sell-side advisor for Pink Lily Holdings, LLCMedium confidencecortecgroup.comInferred