Crown Partners successfully arranged a $32 million senior financing for a portfolio company of a New York-based private equity firm. Crown Partners served as the exclusive financial advisor in connection with this transaction.
The company is a premiere developer and manufacturer of beauty products, including color cosmetics, skincare, and hair care. It supports numerous market-leading prestige brands through a differentiated portfolio of proprietary formulated products.
“Crown Partners served as our relentless advocate and strategic advisor throughout the process of securing a senior credit facility that positions us to capitalize on our opportunity pipeline. Their deep understanding of the ABL market and unwavering commitment delivered a tailored solution that positions our company for success. We couldn't have asked for a better partner,” - Chief Financial Officer, Portfolio Company.
Crown was selected for its specialized expertise in the asset-based lending market, enabling the company to unlock efficient, low-cost growth capital by leveraging its asset base. Crown arranged both a revolving credit facility and a term loan secured by equipment and intellectual property, strategically maximizing the liquidity generated.
“Crown Partners brought the kind of tenacity, precision, and strategic insight we look for in a financial advisor. Their ability to understand the needs of our industry and business, navigate a complex credit environment and deliver a senior facility aligned with our long-term goals for this portfolio company was exceptional. They operated with the urgency and sophistication we expect—and they delivered,” — Managing Partner, Sponsor.