05.27.15
Iredale Mineral Cosmetics, Ltd. recently worked with G.C. Andersen Partners, a New York-based investment bank, on its recent financing in an effort to expand the brand's reach.
Jane Iredale, Chief Executive Officer said, "We are thrilled to complete the transaction and believe the financing positions the Company well for its next stage of growth."
Bob Montgomery, Chief Operating Officer of IMC added, "The benefit G.C. Andersen provided was its ability to understand, appreciate, and effectively convey the Iredale story to its lending relationships. The funds raised for IMC will allow the Company to develop new formats to showcase it products consistent with its brand positioning, further expand its overseas sales, and complete its new state-of-the-art world headquarters.
IMC's products are sold in over 5,000 locations domestically and in 42 countries throughout the world.
In announcing the transaction, G.C. Andersen Managing Director, Scott Hadfield said, "Iredale Mineral Cosmetics occupies a unique niche in the cosmetics industry. Its prestige cosmetics are marketed through medical professionals, specialty boutiques and in many of the most esteemed spas and resorts in the world. The Company's worldwide sales and overall capital needs necessitated a highly flexible and creative financing structure that could grow with the Company in the future. As a result of our deep relationships in the credit markets and extensive expertise advising branded consumer products companies, we were able achieve a successful outcome for our client."
Jane Iredale, Chief Executive Officer said, "We are thrilled to complete the transaction and believe the financing positions the Company well for its next stage of growth."
Bob Montgomery, Chief Operating Officer of IMC added, "The benefit G.C. Andersen provided was its ability to understand, appreciate, and effectively convey the Iredale story to its lending relationships. The funds raised for IMC will allow the Company to develop new formats to showcase it products consistent with its brand positioning, further expand its overseas sales, and complete its new state-of-the-art world headquarters.
IMC's products are sold in over 5,000 locations domestically and in 42 countries throughout the world.
In announcing the transaction, G.C. Andersen Managing Director, Scott Hadfield said, "Iredale Mineral Cosmetics occupies a unique niche in the cosmetics industry. Its prestige cosmetics are marketed through medical professionals, specialty boutiques and in many of the most esteemed spas and resorts in the world. The Company's worldwide sales and overall capital needs necessitated a highly flexible and creative financing structure that could grow with the Company in the future. As a result of our deep relationships in the credit markets and extensive expertise advising branded consumer products companies, we were able achieve a successful outcome for our client."