White Oak Commercial Finance closed a working capital credit facility for Mana Products, a developer and manufacturer of beauty products based in New York.
Mana Products has been in business for more than 40 years and was recently acquired by Traub Capital, a private equity firm specializing in consumer companies. The funding from White Oak will support Mana Products’ growth and market opportunities.
“We took the time to understand the unique needs of the business and were able to tailor the right solution to help it achieve its near and long-term objectives in partnership with Traub Capital,” Martin Efron, executive vice president of White Oak Commercial Finance, said. “Many companies today are faced with increasingly complex market demands, and White Oak can provide them with the fast and reliable capital to meet those demands with confidence.”
“White Oak recognized Mana’s leading and long-standing position in the industry,” Geoffrey Lurie, managing partner of Traub Capital and chairman of Mana Products, said. “Their industry knowledge and capabilities will further assist Mana in achieving its growth plans.”
