Page 3 - Leumi-ABL-Deals-Review-2018

CLIENT CASE STUDY: VIVONA BRANDS LTD

Leumi ABL has provided a £12.5m structured ABL and term loan facility to support the
refinancing of Private Equity owned brands business, Vivona Brands. The refinancing provides

a flexible funding package to support Vivona’s rapidly expanding international business.

Putney based Vivona Brands delivers on-trend beauty, wellbeing and lifestyle brands to global fast fashion
and beauty savvy consumers through an international retail customer base extending to 80 countries

Inflexion, the award winning UK mid-market Private Equity house, invested originally in the business
in 2012. Since then, revenues have increased more than threefold to in excess of £40m, with an
international client list including several FTSE 250 and NASDAQ 100 Companies.

Simon Russell, Exec Chairman of Vivona Brands, said: “We are delighted to have secured this funding
from Leumi ABL to support our continued growth. Leumi have taken the time to understand the intricacies
of our business and the international market dynamics in which we operate and structured a facility
to meet our requirements. We have already developed a close relationship with Leumi and look forward
to their continued support.”

Martin Risman, Leumi ABL Regional Sales Director, commented: “It has been a complex process
and extended transaction during which we appreciated working with highly committed management
at Vivona Brands. The structure of our facilities, aligned to the sponsor support, provides an apposite
funding base from which the business can continue to develop and further prosper.”