Stonegate

SG Credit + Stonegate Blue
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Stonegate Capital, a division of SG Credit Partners, serves as a lending partner to emerging brands and innovative consumer-oriented businesses with B2B or DTC channels seeking tailored solutions to fund growth, minimize dilution and generate equity value.

For additional details regarding Stonegate Capital’s investments, please contact us directly at:

Charlie Perer: 310-562-2020 | charlie@sgcreditpartners.com

Spencer Brown:  949-375-3678 | spencer@sgcreditpartners.com

Evan Waggoner:  336-512-6388 | ewaggoner@sghcap.com

Jordan Hoppe: 312-971-8136 | jhoppe@sghcap.com

Dan McCallum: 312-971-9445 | dmccallum@sghcap.com

Ryan Woody: 312-971-1551 | rwoody@sghcap.com

Stonegate Capital is excited to announce it has closed on a senior debt investment in Clio Snacks. Founded in 2015 by Sergey Konchakovskiy, Clio offers a line of handheld Greek Yogurt Bars and Granola & Yogurt Parfait Bars that combine the benefits of whole milk Greek yogurt – which are high in protein and probiotics – with an irresistible cheesecake-like texture and decadent dark chocolate coating. Clio recently launched three new innovative additions to its refrigerated, handheld bar portfolio: Chocolate Greek Yogurt Bars, Vanilla Less Sugar Yogurt Bars and Vanilla Almond Granola & Yogurt Parfait Bars.

“Clio is an innovative fresh snacking brand and we are ecstatic about our partnership with the Company. We pride ourselves on aligning with the high-growth, entrepreneurial backed market, and this thesis aligns perfectly with Clio’s exciting market disruption in the healthier for you snacking space” said Jordan Hoppe, Director at Stonegate Capital. “We are certainly looking forward to being a collaborative partner in Clio’s already impressive growth story.”

Stonegate Capital, a division of SG Credit Partners, is a private credit investment firm with a unique approach to providing financing solutions to established lower middle market businesses with a heightened focus on emerging brands within the food and beverage, consumer products, and e-commerce spaces.  Recognizing that each company has unique and specific needs, Stonegate focuses on aligning senior credit facilities to the growth and liquidity requirements of a business.

Please visit the Company’s website for additional information:

www.cliosnacks.com

For additional details regarding Stonegate Capital’s investments, please contact us directly at:

www.sghcap.com

Jordan Hoppe: 312-971-8136 | jhoppe@sghcap.com

Evan Waggoner:  336-512-6388 | ewaggoner@sghcap.com

Dan McCallum: 312-971-9445 | dmccallum@sghcap.com

Ryan Woody: 312-971-1551 | rwoody@sghcap.com

Andrea Hedrick: 773-562-8477 | ahedrick@sghcap.com

SG Credit Partners announced its acquisition of Stonegate Capital Holdings (“Stonegate”) and its entry into asset-based lending with a focus on high-growth consumer and recurring revenue verticals. Stonegate will operate independently as a new division of SG Credit and continue to build upon its position as a market leader in non-bank direct lending. The acquisition of Stonegate establishes SG Credit Partners as the leading lower middle market credit platform delivering a complete range of credit solutions.

Headquartered in Chicago, IL, Stonegate will continue its strong history of providing credit facilities ranging from $2 – $10+ million to companies, operating in the U.S. and Canada. Target markets include providers of goods and services to the consumer sector, including food & beverage, naturals, beauty, ecommerce, fashion, and recurring revenue businesses. “We are excited to welcome the Stonegate team and continue financing leading consumer brands,” said Marc Cole, CEO at SG Credit Partners.

Acquiring Stonegate provides both a market leading position in the consumer vertical, but also revolving capabilities throughout the SG Credit platform.  The acquisition of Stonegate strengthens SG Credit’s product platform including the ability to structure senior and junior debt as well as provide both cash flow and asset-based loans. “With a broader product set, the next phase of growth for SG will be expanding into more verticals”, said Charlie Perer, Head of Originations.

SG Credit has evolved from a niche lender to a family-office backed credit platform with national reach, product breath and vertical industry expertise.  “Our goal all along was to leverage SG Credit’s national distribution to layer on businesses with the goal of building the preferred non-bank lender in the lower middle market, focused primarily on entrepreneurs,” said Mack McNair, Chairman of SG Credit.

Link to article here.