Ares Management Leads $1.6 Billion Debt Financing for Suave Brands and Elida Beauty Merger

Ares Management led a $1.6 billion debt financing package for the merger of Suave Brands and Elida Beauty, forming Evermark. Yellow Wood Partners, the parent company, is merging the two personal-care brands to create a new entity. The financing will support the merger and help Evermark become a leading player in the consumer goods industry.