Nexus Capital Acquires Mav Beauty Brands

Nov 28th, 2023

Mav Beauty Brands, home to brands like Marc Anthony True Professional, Renpure, Cake Beauty and The Mane Choice (pictured), has obtained the approval of the Ontario Superior Court of Justice for the sale of substantially all of its assets and subsidiaries to an affiliate of LA-based Nexus Capital Management LP.

Mav Beauty Brands, home to brands like Marc Anthony True Professional, Renpure, Cake Beauty and The Mane Choice (pictured), has obtained the approval of the Ontario Superior Court of Justice for the sale of substantially all of its assets and subsidiaries to an affiliate of LA-based Nexus Capital Management LP.

Mav Beauty Brands, home to brands like Marc Anthony True Professional, Renpure, Cake Beauty and The Mane Choice, has obtained the approval of the Ontario Superior Court of Justice for the sale of substantially all of its assets and subsidiaries to an affiliate of LA-based Nexus Capital Management LP.

Nexus previously invested in the Sugarbear beauty vitamin brand.

The sale is expected to be completed sometime between December 8 and December 22, 2023. Business operations will continue uninterrupted, according to Mav Beauty Brands.

Concurrent with the new agreement, trading of the company's common shares on the Toronto Stock Exchange has halted; its common shares will be delisted on December 21, 2023.

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