October 26, 2020
Uncategorized

Beauty Companies Seeking Investors

Andalou Naturals: Natural skin-care brand Andalou has between $30 million and $40 million in sales and is said to have hired a banker to pursue a deal. The business makes about 120 products that are distributed in the natural grocery channel, Target and Ulta Beauty.
Aquis: Hair towel business Aquis, which sells its products online at Sephora, Urban Outfitters, Nordstrom and other retailers, is looking to raise a Series A round.
The Balm Cosmetics: Makeup business The Balm, which has about $80 million in sales and between $40 million and $50 million in earnings before interest, taxes, depreciation and amortization, has hired Lazard to run a sale process, sources said, indicating the business is in the process of finalizing a deal. The business makes paraben- and cruelty-free products with a vintage feel.
BH Cosmetics: Makeup brand BH Cosmetics is said to have hired The Sage Group to run a deal process. The company has between $40 million and $50 million in revenues, sources said, and does the majority of its sales through e-commerce.
Birchbox: The original beauty subscription box is said to have hired Centerview Partners to consider deal options. The business is said to recently have turned profitable and have about $200 million in revenue.
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