M&A Deal Summary

PNC Mezzanine Capital and MavenHill Capital Acquire Hollywood Beauty

On October 18, 2019, mezzanine finance firm PNC Mezzanine Capital and private equity firm MavenHill Capital acquired consumer products company Hollywood Beauty

Acquisition Highlights
  • This is PNC Mezzanine Capital’s 8th and MavenHill Capital’s 1st transaction in the Consumer Products sector.
  • This is PNC Mezzanine Capital’s 61st and MavenHill Capital’s 2nd transaction in the United States.
  • This is PNC Mezzanine Capital’s 3rd and MavenHill Capital’s 1st transaction in Florida.

M&A Deal Summary

Date 2019-10-18
Target Hollywood Beauty
Sector Consumer Products
Buyer(s) PNC Mezzanine Capital
MavenHill Capital
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Offit Kurman (Legal)

Target

Hollywood Beauty

Miami, Florida, United States
Hollywood Beauty is a manufacturer of hair and skin products. Hollywood Beauty hair care line consists of a large variety of products that repair commonly found problems such as split ends, dry damaged hair, and dry scalp. Hollywood Beauty was founded in 1988 and is based in Miami, Florida.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 2

Buyer

PNC Mezzanine Capital

Pittsburgh, Pennsylvania, United States

Investor Investor Investor Investor Investor


Category Mezzanine Finance Firm
Founded 1989
PE ASSETS 1.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

PNC Mezzanine Capital is the subordinated debt investing arm of PNC Bank. PNC Mezzanine looks to provide $10 to $50 million of junior capital to middle-market companies in a variety of industries. Prospective companies generally have revenues of $20 million and EBITDA greater than $4 million. Broad sectors of interest include niche manufacturing, value-added distribution, and business or consumer services. PNC will not invest in early-stage or technology-driven businesses; real estate, commodity-based or capital-intensive companies; businesses with high customer or vendor concentration; or declining businesses. PNC Mezzanine was formed in 1989 and is based in Pittsburgh, Pennsylvania.


DEAL STATS #
Overall 64 of 77
Sector (Consumer Products) 8 of 8
Type (Buyout (LBO, MBO, MBI)) 31 of 38
State (Florida) 3 of 3
Country (United States) 61 of 73
Year (2019) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-12 Industrial Valve

Eight Mile, Alabama, United States

Industrial Valve is a provider of specialty valve repair services and distributor of new and refurbished valves to an impressive base of blue-chip customers. IVS focuses on providing mission-critical inspection, maintenance and repair services for safety, manual and control valves within the Power, Paper, Chemical and Oil & Gas end markets. Industrial Valve was founded in 1975 and is based in Eight Mile, Alabama.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-06 Stinger Solutions

Clearwater, Florida, United States

Stinger Solutions designs and distributes a broad suite of technology products for the automotive aftermarket. The Company is known for its PAC, Connects2, Stinger, and other quality brands, and AAMP is a trusted supplier to installers throughout North America and Europe. Stinger Solutions was formed in 1987 and is based in Clearwater, Florida.

Sell -
DESCRIPTION

MavenHill Capital is a private equity firm focused on long-term investments in profitable lower middle-market companies throughout North America. The Firm looks to partner with growth-oriented companies generating $20+ million in revenue and operating in the industrial, consumer, and business services sectors. Prospective companies typically possess seasoned management, consistent cashflow, and opportunities for growth through acquisitions or margin expansion. MavenHill Capital is based in Chagrin Falls, Ohio.


DEAL STATS #
Overall 2 of 2
Sector (Consumer Products) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 2 of 2
State (Florida) 1 of 1
Country (United States) 2 of 2
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-23 Connecticut Coining

Bethel, Connecticut, United States

Connecticut Coining is a manufacturer of precision deep drawn metal parts for mission critical applications in the medical, aerospace, defense and power tube industries. Connecticut Coining has developed significant customer relationships with global market leaders and is recognized to be among the highest quality manufacturers in the industry. Connecticut Coining was founded in 1962 and is based in Bethel, Connecticut.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-21 Connecticut Coining

Bethel, Connecticut, United States

Connecticut Coining is a manufacturer of precision deep drawn metal parts for mission critical applications in the medical, aerospace, defense and power tube industries. Connecticut Coining has developed significant customer relationships with global market leaders and is recognized to be among the highest quality manufacturers in the industry. Connecticut Coining was founded in 1962 and is based in Bethel, Connecticut.

Sell -