Add-on Acquisition • Consumer Products

Laboratoires Expanscience Acquires Babo Botanicals

On October 29, 2018, Laboratoires Expanscience acquired consumer products company Babo Botanicals from CULT Capital

Acquisition Context
  • This is Laboratoires Expanscience’s 1st transaction in the Consumer Products sector.
  • This is Laboratoires Expanscience’s 1st transaction in the United States.
  • This is Laboratoires Expanscience’s 1st transaction in New York.

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M&A Deal Summary

Date October 29, 2018
Target Babo Botanicals
Sector Consumer Products
Buyer(s) Laboratoires Expanscience
Sellers(s) CULT Capital
Deal Type Add-on Acquisition

Target Company

Babo Botanicals

Scarsdale, New York, United States
Babo Botanicals LLC is a provider of natural personal care products for the whole family. Babo Botanicals provides conditioners, bath products, lotions, soaps, diaper creams, sunscreens, shampoos, and washes. Babo Botanicals LLC was founded in 2008 and is based in Scarsdale, New York.
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Buyer Overview 1

Buyer

Laboratoires Expanscience

La Défense, France

Category Company
Founded 1950
Sector Life Science
DESCRIPTION

Laboratoires Expanscience is a pharmaceutical and dermo-cosmetics company specialized in skin health. Expanscience's products are available in more than 100 countries. Laboratoires Expanscience was founded in 1950 and is based in La Défense, France.


Deal Context for Buyer #
Overall 1 of 1
Sector: Consumer Products 1 of 1
Type: Add-on Acquisition 1 of 1
State: New York 1 of 1
Country: United States 1 of 1
Year: 2018 1 of 1

Seller Profile 1

SELLER
DESCRIPTION

JMK Consumer makes growth equity investments in and provides support to high-growth consumer companies with cult-like followings. The Firm focuses on the areas of beauty & personal care, food, beverage, household, pet, lifestyle (apparel, accessories and leisure products), and restaurants. JMK targets companies with at least $2 million of annual revenues and seeking from $2 to $10 million of growth capital. JMK Consumer Growth Partners was established in 2013 and is headquartered in New York City.


Deal Context for Seller #
Overall 2 of 2
Sector: Consumer Products 2 of 2
Type: Add-on Acquisition 1 of 1
State: New York 1 of 1
Country: United States 2 of 2
Year: 2018 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-13 Supergoop!

San Antonio, Texas, United States

Supergoop! is a skincare brand advancing the notion of SPF all-day, every day. Supergoop! is the only prestige skincare brand 100% dedicated to suncare, making it easy to incorporate UV protection into the daily routine. Supergoop! was founded in 2007 and is based in San Antonio, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-16 Lawless

Los Angeles, California, United States

Lawless is a clean color cosmetics brand that offers clean color cosmetics focused on high-impact, full-coverage products. It preserves the luxe and sexiness of an artistry brand while allowing the customer to maintain a clean, wellness focused lifestyle. The Company's products are now sold through all Sephora doors, Sephora.com as well as the Lawless website. Lawless is based in Los Angeles, California.

Buy -