Perricone MD Stake Sold to New Investment Firm

Equity investment company TSG Consumer Partners LLC announced it has sold its stake in skin care brand Perricone MD to investment firm Lion Capital.

Perricone MD was founded in 1997 by Dr. Nicholas Perricone, a world-renowned dermatologist and anti-aging expert. Today, the Perricone MD brand is recognized for its cutting-edge innovation in the category of science-based skin care and as a brand synonymous with breakthrough science, treatments and results. A product line comprising powerful anti-aging topicals and supplements is highlighted by top-performing franchises Cold Plasma, Acyl-Glutathione and Blue Plasma, all invented by Dr. Perricone.

“During the last three years, product sales and earnings of the company have more than doubled,” said Jamie O’Hara, managing director and president of TSG Consumer Partners. “The company is well positioned for future growth while continuing to be innovative to meet the needs of its incredibly devoted and growing customer base.”

More in Skin Care