admin With the 100% support of its lenders and shareholders, Arcade Beauty, a leading global beauty company supplying both sampling and retail solutions has successfully been recapitalized.
The company’s financial foundation is stable due to this transaction and the business is now positioned to continue and gain long-term success and growth.
According to Jorge Garcia, CFO, the transaction will enable Arcade Beauty to better serve its customers and partner more effectively with its supplier base to deliver innovation and high-service levels.
“This is a tremendous result, and we are elated by the support from our existing stakeholders who believe in the unique value proposition we offer our customers,” said CEO Carl Allain. “As a result of this fully consensual transaction, we are well positioned to execute on our business strategy, invest in our future growth and drive value for all of our stakeholders.”
“We are excited to support Carl, Jorge and the company’s broader management team in this new chapter of growth for Arcade Beauty. We believe the company’s global capabilities, strong customer value proposition, and best-in-class product innovation will be meaningfully enhanced with a newly recapitalized balance sheet and a highly aligned investor base. We look forward to partnering with the company to create significant value for all stakeholders.” stated the new board directors regarding the transaction.
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