Ares Commercial Finance provided a $25 million senior secured revolving line of credit to MAV Holdco, a Toronto-based company that owns four brands, including Marc Anthony True Professional, Renpure, Cake Beauty and The Mane Choice.
Through its portfolio of brands, MAV sells hair care, face and body care beauty products in more than 25 countries. It used proceeds of this transaction to support Nexus Capital Management’s acquisition of the company and for ongoing working capital.
