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.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.