CVC Credit Partners funding supports Vison Growth Partners’ expansion of Alline Salon Group and assists its ongoing growth strategy
CVC Credit Partners is pleased to announce that it has provided the first lien funding for Vision Growth Partners’ expansion of Alline Salon Group and going forward will further support the growth strategy through the provision of a delayed draw term loan facility. Cowen’s Debt Advisory Group acted as the debt advisor for the transaction.
Founded in 2018, Alline is a market leader in affordable hair care services. It now operates nearly 400 salons under the Supercuts, Cost Cutters and Holiday Hair brands, primarily located across Ohio, Pennsylvania and Michigan. The business was created by Vision Growth Partners, as a platform on which to execute a controlled roll up of Regis Corporation’s previously corporate-owned hair salons. READ MORE