MidCap Financial Closes a $21.5 Million Senior Secured Credit Facility to Wilde Brands

BETHESDA, MD, February 3, 2026 – MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a $21.5 million senior secured credit facility to Wilde Brands Inc. (“Wilde” or the “Company”). The credit facility consists of a revolver with an accordion feature, term loan, and delayed draw term loan, with proceeds used to refinance the Company’s existing credit facility and provide incremental liquidity to support the ongoing working capital and CapEx, as well as growth of the brand. The facility structure was tailored to align with Wilde’s growth trajectory and to provide the sponsor and management team with the flexibility needed to execute the business plan. Wilde is backed by KarpReilly, a Greenwich, CT-based private equity firm focused on small to mid-sized consumer growth companies.

“From day one, MidCap Financial has been a solutions-oriented and collaborative partner for us which is critical as we continue to scale the brand,” said Jason Wright, Founder and CEO of Wilde. “They understand what we are trying to do here at Wilde and we appreciate them going above and beyond to support our continued growth.”

“We are excited to support Wilde and KarpReilly in the next phase of growth,” said Garrett Fletcher, Head of Specialty Finance at MidCap Financial. “Wilde has proven itself to be a pioneer in the protein snack category as the Company continues to drive further retail expansion, household penetration and product innovation.”

About the Company

Wilde Brands is redefining the snack aisle with protein-packed chips and snacks crafted from 100% natural, premium chicken breast. Founded in 2014 and led by founder and CEO Jason Wright, Wilde has been on a mission to transform clean eating by creating snacks that deliver bold flavor without compromise. The Company has experienced rapid, sustained growth driven by its commitment to simple ingredients, flavor-forward profiles, and disruptive branding. Wilde products are available nationwide at leading retailers including Costco, Whole Foods Market, Walmart, Sam’s Club, Target, and Kroger.

About KarpReilly

KarpReilly, LLC is a private investment firm, whose primary mission is to partner with premier small to mid-sized consumer growth companies and help them achieve their long-term vision. KarpReilly currently manages funds and affiliates with capital commitments in excess of $1 billion. Since 2007, the principals of KarpReilly have invested in, sat on the boards of and nurtured over 60 growth companies. For more information, please visit www.karpreilly.com.

About MidCap Financial

MidCap Financial is a middle-market focused, specialty finance firm that provides senior debt solutions to companies across all industries. As of September 30, 2025, MidCap Financial provides administrative or other services for over $60 billion of commitments*. MidCap Financial is managed by Apollo Capital Management, L.P., a subsidiary of Apollo Global Management, Inc, pursuant to an investment management agreement. Apollo had assets under management of approximately $908 billion as of September 30, 2025.

For more information about MidCap Financial, please visit www.midcapfinancial.com.

For more information about Apollo, please visit www.apollo.com.

*Including $6.7 billion of commitments managed by MidCap Financial Services Capital Management LLC, a registered investment adviser, as reported under Item 5.F on Part 1 of its Form ADV

Contact:  
MidCap Financial Services, LLC
Garrett Fletcher, Head of Specialty Finance
301-841-6439
gfletcher@midcapfinancial.com