Deloitte Corporate Finance acted as exclusive financial advisor to The Marena Group on its recapitalization with The Riverside Company. The transaction closed October 21, 2015.

Lawrenceville GA-based Marena is a manufacturer of medical grade and customizable compression garments primarily used in post-surgical applications. Marena also designs, manufactures and distributes premium shapewear and athletic wear.

In 2012, DCF advised Marena on a mezzanine financing. Since then, Marena has experienced significant growth.

“Deloitte Corporate Finance has been a critical strategic advisor to Marena twice now. We are thrilled with the results of our recent equity recapitalization process and the valuable, high-touch advice from DCF’s transaction team at every stage of the process. Partnering with The Riverside Company is an exciting new step as we continue pursuing our growth initiatives,” said Vera Watkins, chief executive officer of Marena.

The Riverside Company is a global private equity firm focused on acquiring growing businesses valued at up to $300 million. Since its founding in 1988, Riverside has invested in more than 400 transactions.