Principal, Origination Jim Butterfield and Principal, Origination Jeremy Holland sourced the deal for Riverside.įinancing for the transaction was provided by Madison Capital which focuses on the corporate financing needs of middle market private equity firms and provides leveraged financing for acquisitions, recapitalizations, MBOs and LBOs. Schlachet and Manning on the transaction for Riverside were Senior Operating Partner Dave Tiley, Finance Director Ross Fuller, Associate Jason Thorn, and Vice President Dan Haynes. We are thrilled to be partnering with Vera and the talented Marena team.” “We are confident that our global team can help spread Marena’s reach and build on its product and service leadership in the market. Riverside is headquartered in New York with additional offices in Atlanta, Chicago, Cleveland, Dallas, Los Angeles, San Francisco, and London ( “Riverside is a global firm with considerable knowledge of the medical products and garments industry,” said Riverside Principal Joe Manning. The firm’s international portfolio includes more than 70 companies. Since its founding in 1988, Riverside has invested in more than 380 transactions. The Riverside Company invests in businesses valued at up to $300 million (€200 million in Europe). Marena’s existing management team will continue leading the company and CEO Vera Watkins will remain in place. The heroine of the Arcana resembles the dark goddesses Hel, Marena, Circe. Riverside’s plans to expand the company through the development of new customers in existing markets, expansion into new domestic and international markets, and new product development. Queen Elizabeth at >King Charles to Wear Garments Worn by Queen Elizabeth. “They are poised for growth both internationally and domestically, and we are eager to partner with them as they reach even more customers.” Today, the company is headquartered northeast of Atlanta in Lawrenceville, GA ( “Marena delivers an enormously valuable line of products that provide significant benefits to medical providers and patients,” said Riverside Managing Partner Loren Schlachet.
Marena was founded in 1994 by Vera and Bill Watkins – the company was named after their children Mark and Lena – and its first products were made in the couple’s home garage in July 1995.
Customers include medical providers and individual consumers in the US as well as more than 50 international distributors selling into nearly 80 countries. Marena’s compression garments are used by plastic surgery patients for post-surgical applications and by consumers for shapewear to increase support and appearance. Marena’s products include medical-grade compression garments, shapewear, and activewear sold to plastic surgery centers, hospitals, medical providers, patients, and consumers. The shipping clerk then explained that the box contained garments that had been worn in a Marena fashion show the previous week and were being donated to. The Riverside Company has invested in The Marena Group, a manufacturer of compression garments for medical and consumer applications.
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