Cosmetic Design Group, LLC Closes New $6 Million Senior Secured Credit Facility

Represented Cosmetic Design Group, LLC, a portfolio company of Five Crowns Capital, LLC, a private investment firm based in Newport Beach, in the refinancing of its existing credit facility with a new $6 million senior secured credit facility. The transaction had several notable features, including the negotiation of an amendment with second lien lender Corbel Structured Equity Partners. Colorado-based NBH Bank provided the new senior secured credit facility.

CDG is headquartered in Culver City, California, and offers a diverse range of nail and cosmetic products, specializing in full turnkey solutions and providing one-stop design and sourcing services for national brands and their retail customers.