Beauty Companies Seeking Investors

These beauty companies are looking for capital to take their businesses to the next level, according to industry sources.
By Allison Collins. Source: WWD.

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.

Derma E: Derma E makes natural skin, hair and body products sold in Whole Foods, Sprouts, Ulta Beauty, CVS and Walgreens, and is said to have hired Piper Jaffray to conduct a sale process. Derma E has about $30 million in net sales, sources said.

Glow Concept: The parent company to Winky Lux and Laqa & Co. is raising a round of capital. Glow Concept specializing in making luxury products with luxury packaging at masstige prices, supported by a supply chain that allows them to get products to market in 45 days.

Hourglass Cosmetics: Hourglass Cosmetics is said to have hired Ohana & Co. to conduct a sale process. The business — known for its complexion products — has about $70 million in sales and is sold in high-end outlets such as Barneys New York, Sephora, Harvey Nichols and Net-a-porter.

Julien Farel Products: Hairstylist Julien Farel’s products business, with antiage balancing complex, is looking for an investor in order to expand the business, sources said. The line debuted on QVC earlier in 2016.

Kimiko Beauty: Kimiko Beauty is looking to raise seed financing. The brand was founded by makeup artist Danielle Kimiko Vincent in 2007 and is best known for its Super Fine Eyebrow Pencil, which is sold in U.S. Space NK doors and online at Bloomingdale’s.

Kiss My Face: Mass-market natural brand Kiss My Face is said to have hired Intrepid Investment Bankers to consider a transaction. The business has a full range of personal-care products that sell in more than 19 countries through places such as Whole Foods, Walgreens, Bed Bath & Beyond and Kroger.

Lime Crime: Lime Crime is said to have hired Financo to consider a sale. The business makes vegan and cruelty-free makeup and hair products that are sold online, through Amazon, and at Urban Outfitters, Hudson Bay and other retailers.

Mineral Fusion: Mineral Fusion makes natural makeup, skin, body, hair and nail products sold in the natural grocery channel and CVS. The business has hired Houlihan Lokey to pursue a deal, sources said.

MyChelle Dermaceuticals: Natural skin-care brand MyChelle is said to have hired Threadstone Partners to sell the business, which is backed by Encore Consumer Capital. MyChelle has roughly $15 million in sales, according to sources.

Nest Fragrances: Nest Fragrances is said to have hired Moelis to conduct a sale process. The business has been building its fine fragrances portfolio and is projected to have about $36 million in net sales for 2017, sources said.

Preemadonna: Preemadonna is looking for seed funding. The business makes a nailbot that prints photos on fingernails and is part of the HAX Hardware Accelerator and L’Oréal’s Founders Factory.

Skin Laundry: Skin Laundry operates a chain of facial spas that provide 15-minute laser and light facials, as well as its own skin-care line, which is distributed in Sephora. The business is said to be looking to raise a $10 million round.

Tracie Martyn: The skin-care business of celebrity facialist Tracie Martyn is looking for capital to ramp up distribution, according to sources. The line, founded in 2001, is composed of natural skin-care products.

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