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Giftcraft Ltd. Partners with CID Capital and ORIX Mezzanine & Private Equity

Published: 01/10/2019

Team: Sheldon Plener, Luke Woolford, Jeff Mikelberg, Chad Podolsky, Andrew M. Reback, Tera Li Parizeau, Suhuyini Abudulai, Kristin Taylor, Andrew Salem, Natasha L. Jimeno, Steven Kennedy

On January 10, 2019, Giftcraft Ltd. completed a recapitalization and entered into a new partnership with CID Capital, an Indianapolis, Indiana based private equity firm, and ORIX Mezzanine & Private Equity in conjunction with ongoing succession planning and to accelerate Giftcraft’s future growth plans. Giftcraft is a lifestyle industry leader with over a 75-year history, servicing a diverse network of over 20,000 décor and giftware retailers in North America and internationally. 

Cassels Brock acted for Giftcraft with a deal team that included Sheldon Plener, Luke Woolford, Jeff Mikelberg and Chad Podolsky (Business Law), Andrew Reback and Tera Li (Tax), Suhuyini Abudulai (Financial Services), Kristin Taylor (Employment), Andrew Salem and Natasha Jimeno (Real Estate) and Steven Kennedy (Intellectual Property).