Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Marianna Beauty Holdings, Inc. (“Marianna”) by Arizona Natural Resources (“ANR”), a portfolio company of CORE Industrial Partners.
Founded in 1968 and based in Omaha, Nebraska, Marianna is a full-service custom manufacturer, formulator and distributor of client-tailored hair care, hand and body products, styling aids and fixatives, hair color and dispensary products, and pet grooming products. ANR is a leading provider of full-service custom formulation and contract manufacturing solutions for personal care products with an expertise in haircare and skincare. Together, Marianna and ANR have more than 100 years of experience, creating a platform that combines both emerging and legacy brands while expanding the overall scope and capabilities in order to serve a diverse range of customers.