MAV Beauty Brands Files Preliminary Prospectus for

NOT FOR DISTRIBUTION IN THE UNITED STATES

CONCORD, Ontario, May 22, 2018 (GLOBE NEWSWIRE) -- MAV Beauty Brands Inc. (“MAV Beauty Brands”) today announced that it has filed a preliminary prospectus with the securities regulatory authorities in each of the provinces and territories of Canada for a proposed initial public offering and secondary offering of its common shares (the “Offering”). The Offering will include a treasury offering by MAV Beauty Brands and a secondary offering of common shares of MAV Beauty Brands by entities owned, controlled or managed by TA Associates Management, L.P., Marc Anthony Venere, and the Redmond Family.

CIBC Capital Markets, RBC Capital Markets and Jefferies Securities are acting as active joint bookrunners for the Offering.

The preliminary prospectus contains important information relating to the common shares and is still subject to completion or amendment. Copies of the preliminary prospectus are available on SEDAR at www.sedar.com. There will not be any sale or any acceptance of an offer to buy the common shares until a receipt for the final prospectus has been issued.

No securities regulatory authority has either approved or disapproved of the contents of this news release. The common shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws. Accordingly, the common shares may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to exemptions from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities of MAV Beauty Brands in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About MAV Beauty Brands  

MAV Beauty Brands is a high-growth global personal care company dedicated to providing consumers with premium quality, authentic and differentiated products. Our innovation-focused, next generation platform consists of complementary and rapidly growing personal care brands: Marc Anthony True Professional, Renpure and Cake Beauty. Our products include a wide variety of hair care, body care and beauty products such as shampoo, conditioner, hair styling products, treatments, body wash, and body and hand lotion across multiple collections that each serve a different and personalized consumer need. Our products are sold in over 25 countries around the world, in over 100 major retailers and through over 80,000 doors.

For further information: Craig Armitage, Investor Relations craig.armitage@loderockadvisors.com (416) 347-8954