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Siena Lending Group Closes $5MM Revolver for RéVive Skincare

March 05, 2019, 10:00 AM
Filed Under: Consumer Products

Siena Lending Group announced the completion of a $5 million asset-based revolving credit facility for RéVive Skincare (“RéVive”). The facility will be used to support the company’s working capital and continued growth.

RéVive, a luxury skincare line, is majority owned by private equity firm Tengram Capital Partners LLC (“Tengram”). RéVive was founded 21 years ago by Dr. Gregory Brown, a Plastic and Reconstructive Surgeon renowned for his advances helping burn victims heal faster. Utilizing the patented and Nobel Prize winning science he used to heal burn victims, Dr. Brown formulated a skincare line using bio-engineered molecules called Bio Renewal Technology that accelerates cell renewal, making skin act younger. The results are improved skin density, elasticity, and more youthful, glowing skin.

RéVive’s skincare products are sold at all key North American luxury retailers including Neiman Marcus, Bergdorf Goodman, Barney’s, Saks, Nordstrom, Blue Mercury, Cos Bar, Holt Renfrew and premier luxury beauty boutiques, as well as Harrod’s and Space NK in the UK, and select luxury retailers in Hong Kong, Taiwan, and Singapore.

Scott Elliotto, Director of Siena, said, “We are excited to team up with Tengram again on another portfolio financing.  We look forward to working with Tengram and the RéVive management team as they expand their domestic and international distribution channels.” 

Rich Gersten, Tengram Partner, said, “Siena has been a great partner for Tengram in the past and we really enjoy working with their team.”

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