Pat McGrath Labs secures $30M financing

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. Dive Brief: Makeup brand Pat McGrath Cosmetics — commonly known as Pat McGrath Labs — has agreed to receive about $30 million in new financing from its lender GDA PMG Funding, according a Tuesday press release. The deal includes $10 million in new debtor-in-possession financing and a commitment of at least $20 million in “post-emergence working capital,” per the r ...