Enesco closes $82 million senior bank facility to fuel future growth

By Toni Weeks

San Diego, June 29 - Enesco, LLC closed an $82 million senior bank facility led by JPMorgan Chase Bank, NA.

According to a press release, the new facility was made possible by the company's strong performance in 2011 and 2012 and will provide the company with more working capital flexibility and the liquidity necessary to fuel future growth. It will also allow Enesco to implement its aggressive, go-to market strategies and to leverage opportunities in the marketplace.

Itasca, Ill.-based Enesco is a designer, producer and marketer of branded giftware, home decor and plush toys. The company is majority-owned by Tinicum Capital Partners II, LP, a New York-based private investment partnership.

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