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Mad Engine plans financing via three banks for Fifth Sun purchase
By Sara Rosenberg
New York, May 20 – Mad Engine plans on getting new financing from Deutsche Bank, Wells Fargo Capital Finance and Credit Suisse to help fund its acquisition of Fifth Sun from company founder Dan Gonzales, according to a news release.
Closing is expected this quarter.
Mad Engine, a Platinum Equity portfolio company, is a San Diego-based apparel and accessories company. Fifth Sun is a Chico, Calif.-based supplier of licensed, non-licensed and private label apparel.
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