Holland & Hart Represents Scott's Liquid Gold-Inc. in Two Beneficial and Strategic Transactions

Holland & Hart represented Scott’s Liquid Gold-Inc. (SLGD), a products manufacturer that develops, manufactures, markets, and sells quality household and skin and hair care products, in its recent acquisition of Prell®, Denorex®, and Zincon® brands of hair and scalp care products from Ultimark Products, Inc. for a purchase price of approximately $9.1 million, subject to adjustment. 

In connection with the acquisition, Holland & Hart also represented SLGD in its entry into a Credit Agreement with JPMorgan Chase Bank, N.A. (Chase) pursuant to which Chase provided a term loan of $2.4 million and a revolving credit facility of $4 million, which will be used to finance a portion of the Ultimark transaction and for SLGD’s working capital and general corporate purposes.

Holland & Hart’s deal team was led by Denver partner Chris Groll and also included Amy Bowler, Dillon Peters, Paige Coriden, Billi McCullough, Lindsay Silber, Leslie Boyle, Tracy Gray, Kit LeVoy, and Adam Cohen, among others.

For more information, please see Scott’s Liquid Gold-Inc.’s press release


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