News: Press Release
Offit Kurman M&A Group Represents Hollywood Beauty in Company Sale
November 4, 2019 | New York City
Offit Kurman is pleased to announce the successful closure of a business sale for a client of the firm. On October 18, 2019, Hollywood Beauty Imports Inc. sold to MavenHill Capital, an Ohio private equity firm. Attorneys, Stuart B. Newman and Florian von Eyb, represented the seller throughout the transaction.
Hollywood Beauty, based in Miami, is a leading supplier of multicultural hair and skin care products sold throughout the United States, Canada, Mexico, Europe, the United Kingdom, and the Middle East. Established over 30 years ago, the company distributes its product lines in numerous major drug chains, food stores, mass merchants, and beauty supply stores.
MavenHill focuses on investing in lower middle-market companies with high growth potential. Having executed more than 30 acquisitions with over $1.0 billion of enterprise value, the firm is dedicated to advising and partnering with company leaders to promote strategic growth and maximize value.
The Hollywood Beauty transaction is one of dozens that Offit Kurman’s M&A attorneys have helped close for clients over the past year. To learn more about current opportunities in M&A and for news about other deals, visit mandapulse.com. To contact an Offit Kurman M&A attorney, visit offitkurman.com.
ABOUT STUART NEWMAN
Stuart B. Newman has been engaged in corporate and securities practice for over forty years, focusing on corporate law, private equity transactions, mergers and acquisitions and capital formation. Stuart studies his clients’ businesses thoroughly and has made valuable contributions on a range of business issues such as: joint ventures, product development, finance, investment banking, marketing and personnel. He has served as a director on the boards of both publicly-traded and privately held companies, contributing his unique combination of business acumen and broad legal experience. He has served as a director on the boards of both publicly-traded and privately held companies, contributing his unique combination of business acumen and broad legal experience.
ABOUT FLORIAN VON EYB
Florian von Eyb is an attorney in the firm's business law and transaction group. He is a German native and a licensed attorney in both New York and Germany. The focus of his German-American International Practice is on U.S.-inbound and international business transactions of companies and individuals from the German-speaking countries of Europe. Serving as a bridgehead in the U.S., he supports his clients with structuring and implementing their market entry or investment, advising on the creation and ongoing operation of U.S. subsidiaries, the acquisition of existing U.S. entities and the establishment of contractual relationships with U.S. partners and service providers (e.g. distributors, retailers etc.). In addition to corporate and business law (including M&A, general contract law), Mr. von Eyb advises European and U.S. clients on employment and immigration law (work visa and double-citizenship), intellectual property issues (e.g. licensing), legal opinions on capacity and enforceability of agreements and compliance with U.S. sanctions regimes. Furthermore, he serves as a German intermediary for German-speaking clients who seek advice from Offit Kurman’s experts in all other specialized areas of law such as litigation, tax, real estate, bankruptcy, banking, trusts and estates, family law and others.
ABOUT OFFIT KURMAN
Offit Kurman, one of the fastest-growing, full-service law firms in the United States, serves dynamic businesses, individuals and families. With 17 offices and nearly 250 lawyers who counsel clients across more than 30 areas of practice, Offit Kurman helps maximize and protect business value and personal wealth by providing innovative and entrepreneurial counsel that focuses on clients’ business objectives, interests and goals. The firm is distinguished by the quality, breadth and global reach of its legal services and a unique operational structure that encourages a culture of collaboration. For more information, visit www.offitkurman.com.
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