Flow Capital Corp. has invested an additional US$1.675 million in MiniLuxe Holding Corp., increasing its total investment to US$6.175 million to support MiniLuxe's growth and operational needs.
Target Information
Flow Capital Corp. (TSXV: FW), a prominent provider of flexible growth capital and alternative debt solutions, has announced a follow-on investment of US$1.675 million in MiniLuxe Holding Corp. (TSXV: MNLX). MiniLuxe is a well-established portfolio company of Flow Capital, recognized for its innovative products and premium services within the beauty and self-care sector. With this new investment, Flow Capital's total financing in MiniLuxe will amount to US$6.175 million. This additional capital is aimed at supporting MiniLuxe's growth and will be utilized for general working capital purposes.
“MiniLuxe delivered excellent results in 2024 and is poised to continue growing in 2025. This latest follow-on investment reflects our belief in their vision and industry leadership,” stated Alex Baluta, CEO of Flow Capital. MiniLuxe aims to enhance its presence in the market by pursuing franchising and joint venture initiatives, bolstered by the confidence expressed in this investment.
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Industry Overview in the United States
The beauty and self-care industry in the United States is a vibrant and rapidly evolving sector, characterized by significant growth driven by changing consumer preferences and increasing demand for innovative services
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Flow Capital Corp.
invested in
MiniLuxe Holding Corp.
in 2024
in a Venture Debt deal
Disclosed details
Transaction Size: $2M
Equity Value: $6M