Alora Pharmaceuticals Completes $75 Million Financing
Brentwood Capital Advsiors Serves as Exclusive Financial Advisor
Brentwood Capital Advisors LLC recently acted as the exclusive financial advisor to Alora Pharmaceuticals, LLC (“Alora” or the “Company”) and assisted the Company in obtaining $75,000,000 in debt financing led by Monroe Capital LLC. Proceeds were used to refinance existing indebtedness and for general corporate purposes.
Alora is a leading specialty pharmaceutical company, specializing in the women’s health and dermatology markets. Based in Alpharetta, Georgia, Alora develops and markets generic and branded pharmaceutical products through its Acella Pharmaceuticals, LLC and Avion Pharmaceuticals, LLC operating subsidiaries, respectively. Alora’s Chief Executive Officer, Mark Pugh, remarked, “We are excited to have a new funding partner and financing in place with Monroe Capital. This facility will provide the capital to support Alora’s continued expansion through currently targeted and future product acquisitions. We were pleased to work with Brentwood Capital whose experience and skills played an important role in positioning Alora with lenders and structuring a competitive process that resulted in the right partner.”
“Alora is a market leader within the women’s health and dermatology pharmaceutical markets,” stated L.A. Galyon of Brentwood Capital Advisors LLC. “This credit facility will enable the Company to continue to expand its product offering and solidify its strong market position. We were pleased to serve as Alora’s exclusive financial advisor on this transaction and enjoyed working with the Alora Pharmaceuticals team.”
About Alora Pharmaceuticals, LLC
Based in Alpharetta, Georgia, Alora develops and manufactures pharmaceuticals, including prenatal vitamins, nutraceuticals, dermatologics and innovative products for gastroenterology and endocrinology disorders. Alora maintains a broad portfolio of both branded and non-branded products, focusing on identifying opportunities to acquire and enhance the market potential of commercially available dietary supplement products and late-stage development drugs to fulfill unmet medical and dietary needs. Alora’s flagship product, Prenate® is a leading brand name in the prescription prenatal vitamin market.
About Brentwood Capital Advisors LLC
Brentwood Capital Advisors LLC, founded in 1999, is a privately held investment bank headquartered in Nashville, Tennessee, providing mergers & acquisitions and capital-raising advisory services to middle-market companies in the healthcare, information technology, financial services and business services sectors. BCA has served as exclusive financial advisor in over 50 successfully closed transactions in these sectors. For more information, visit www.brentwoodcapital.com.