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Crestmark Bank to Extend $2.5MM Credit Facility to Wild Things

March 13, 2017, 07:50 AM
Filed Under: Retail

Mission Ready Services Inc. announced that all conditions precedent to the Asset Purchase Agreement related to the acquisition of Wild Things, LLC, first announced September 1, 2016, have been satisfied and Mission Ready has closed the acquisition of the business and certain assets of Wild Things, LLC. The $4.5 million transaction was further detailed in news releases dated January 4, 2017, February 8, 2017, February 21, 2017 and February 28, 2017.

The close of the transaction follows the approval from Crestmark Bank to extend a USD $2.5 million credit facility to Wild Things USA Inc., a wholly-owned subsidiary of the company.

"We are thrilled to announce the completion of the Wild Things Acquisition and wish to extend a sincere thank you to all of the individuals involved in advancing this transaction to completion, including the Wild Things team and members of Crestmark's staff," said Rod Reum, president and CEO, of Mission Ready. "Crestmark has been providing lending facilities to Wild Things for a number of years, and we are honored to have them partner with Mission Ready as well," Reum added.

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