Nexus Capital Management completed the acquisition of MAV Beauty Brands.

Nexus Capital Management, a private equity firm, completed the acquisition of MAV Beauty Brands, a global personal care company. Financial terms were not disclosed. "Nexus invests in leading companies and management teams across industries. With MAV Beauty, we see strong long-term potential in the Company's iconic brands, exceptional product quality, and high repeat purchase rates across its loyal consumer base. We are pleased to partner with Serge Jureidini, CEO of MAV Beauty Brands, and the existing management team to accelerate the business by executing upon the new strategic plan. The Company has a rich heritage and legacy that we look forward to continuing to build upon. Serge played a key role in constructing the vision and operating plan for the Company going forward. We are confident that the management team is now best positioned to invest in marketing, new product innovation and retail partnerships," Michael Cohen, Nexus Capital Partner.