Company News, Financial News

Berkshire and JH Complete Recapitalization of MD Beauty

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By: TOM BRANNA

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Berkshire Partners and JH Partners, along with management, announced last month the completion of the recapitalization of MD Beauty Inc. Terms of the transaction were not disclosed. Senior debt financing was led by BNP Paribas with mezzanine debt provided by Gleacher Mezzanine LLC and York Street Capital Partners. CIBC World Markets advised MD Beauty in the transaction, executives said. MD Beauty, headquartered in San Francisco, CA, markets branded cosmetics and skin care products primarily wi...

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