Investment Summary |
|
|---|---|
| Date | 2021-11-15 |
| Target | Obagi |
| Sector | Consumer Products |
| Investor(s) | Waldencast |
| Sellers(s) | Haitong International Zhonghua Finance Acquisition Fund I |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Lazard (Financial) Latham & Watkins (Legal) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2020 |
| Sector | Consumer Products |
| Employees | 335 |
| Revenue | 274M USD (2024) |
Waldencast’s vision is to build a global beauty and wellness operating platform by developing, acquiring, accelerating, and scaling the next generation of conscious, purpose-driven brands. The Company intends to seek brands with a direct connection to today’s evolving consumers whose goals include pursuing social responsibility, inclusiveness, sustainability, and transparency. Waldencast was founded in 2020 and is based in London, England.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector: Consumer Products M&A | 2 of 3 |
| Type: Add-on Acquisition M&A Deals | 2 of 3 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 2 of 3 |
| Year: 2021 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-15 |
Milk Makeup
New York, New York, United States Milk Makeup is an award winning color cosmetics line from the visionary co-founders of Milk Studios, Mazdack Rassi, Erez Shternlicht and Moishe Mana. Milk has been at the cultural intersection of the fashion, music photography and film worlds and is a hub for nurturing creativity. In 2016, Milk launched its first consumer product line, Milk Makeup, which has rapidly grown as the leader of a pack of new rebellious, upstart indie brands. Milk Makeup was founded by Milk's Mazdack Rassi and his co-founders, along with Dianna Ruth, Georgie Greville and Zanna Roberts Rassi. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-07-23 |
Novaestiq
Southlake, Texas, United States Novaestiq is a growth-oriented company specializing in aesthetic and medical dermatological innovations, as well as the U.S. rights to the Saypha line of hyaluronic acid (HA) injectable gels. Novaestiq was formed in 2021 and is headquartered in Southlake, Texas. |
Buy | - |
Haitong International is a private equity firm that invests in a variety of industries and situations. Haitong International is headquartered in Hong Kong, China.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Consumer Products M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-11-10 |
Obagi
Long Beach, California, United States Obagi is a physician-dispensed brand in the dermo-cosmetic space, the highest-growth category in skin care. Obagi's product portfolio includes brands Obagi Nu-Derm®, Condition & Enhance®, Obagi-C® Rx, ELASTIDerm® and CLENZIDerm®. |
Buy | $190M |
