Armory Securities, LLC Announces $325 Million of New Financing to Vivos Holdings, LLC

Armory Securities, LLC is pleased to announce that Vivos Holdings, LLC, a subsidiary of Emprise Group, Inc. (formerly Vi-Jon Holding, Inc.), has secured $325 million of new financing, the proceeds of which were used to refinance existing indebtedness of Emprise Group. The new financing includes attractive terms that allow Vivos to de-lever rapidly as it generates free cash flow. Amory served as exclusive financial advisor and placement agent to Vivos for the transaction.

Vivos is a subsidiary of Emprise Group, Inc., a 100% employee-owned ESOP holding company. Vivos is a dominant North American provider of private brand and value brand personal care and household products.  The Company has a 116-year legacy of manufacturing products for a wide range of retail, e-commerce and away-from-home customers. The Company maintains the #1 or #2 share of the private brand market across more than 12 different product categories and owns the #2 brand of hand hygiene products.

The financing that was placed by Armory included (i) $125MM ABL Revolver; (ii) $170MM Senior Secured Term Loan and (iii) $30MM Sale Leaseback Transaction which provides additional liquidity to the Company to execute on its robust growth initiatives.

For information on this transaction or about Armory Securities, please contact one of the following deal team members:

Nick Tell
Senior Managing Director

Eben Perison
Senior Managing Director

Matthew Curtis
Vice President

Armory Securities, a division of Armory Group, LLC, is a leading investment bank dedicated to helping middle market companies and their constituents. Armory Group, through its subsidiaries, provides investment banking services, asset management services and advisory services, including enterprise transformation and interim management, to middle market companies and their stakeholders. Learn more about Armory Group, and its subsidiaries, at
Armory Securities, LLC, member FINRA, Member SIPC