Armory Securities, LLC Announces that Vivos Holdings, LLC Secured $325 Million of New Financing

Armory Securities, LLC is pleased to announce that Vivos Holdings, LLC, a subsidiary of Emprise Group, Inc. (formerly Vi-Jon Holding, Inc.), has secured $325 million of new financing, the proceeds of which were used to refinance existing indebtedness of Emprise Group. The new financing includes attractive terms that allow Vivos to de-lever rapidly as it generates free cash flow. Amory served as exclusive financial advisor and placement agent to Vivos for the transaction.

Vivos is a subsidiary of Emprise Group, Inc., a 100% employee-owned ESOP holding company. Vivos is a The Company has a 116-year legacy of manufacturing products for a wide range of retail, e-commerce and away-from-home customers. The Company maintains the #1 or #2 share of the private brand market across more than 12 different product categories and owns the #2 brand of hand hygiene products.

The financing that was placed by Armory included (i) $125MM ABL Revolver; (ii) $170MM Senior Secured Term Loan and (iii) $30MM Sale Leaseback Transaction which provides additional liquidity to the Company to execute on its robust growth initiatives.