Core Equity Acquires Majority Stake in Provalliance

Mar 15th, 2021

Jacquelyn Schlabach

Provalliance owns 17 salon brands, including Jean Louis David

Provalliance owns 17 salon brands, including Jean Louis David

Core Equity has acquired a majority stake in European hair care company Provalliance SAS, according to S&P Global Market Intelligence.

Provalliance owns 17 salon brands and operates professional hair care distributor Bleu Libellule.

Previously: Estee Lauder Acquires Majority Stake in Deciem

A new collagen era for hair care with Col-Frag remastered ™

A new collagen era for hair care with Col-Frag remastered ™

Col-Frag remastered ™ is a type I collagen fragment produced in Wild plants as biofactories through vertical farming, that provides volume, gloss and facilitates combing

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Cyklar founder Claudia Sulewski said, 'I was a longtime fan of The Center's brands and couldn't believe my luck when I hit it off with Ben Bennett. Joining this family is a dream come true, and I'm eager to learn and grow Cyklar with their expertise.'

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U.S. private equity giant Blackstone Inc. would reportedly try to provide debt financing to take L’Occitane private.

Report: L’Occitane Owner Exploring Another Attempt to Take Company Private

Reuters now reports that Geiger is "in advanced discussions with investors and lenders" about a potential deal that could be announced in just a few days.

The funding round was led by a16z crypto and The Estée Lauder Companies' New Incubation Ventures (NIV).

Kiki World Announces $7M Funding Round from The Estee Lauder Companies

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In March, Puig reported that full-year 2023 sales increased 19% to €4.3 billion.

Why Puig is Pursuing an IPO

Funds will be used to "refinance recent acquisitions of additional ownership in the prestige fragrance label Byredo and Charlotte Tilbury brands," while setting the company up for future acquisitions and expansions in Asia Pacific and skin care.

Dexter King has been named senior vice president, global general manager, Tom Ford Beauty, reporting to Guillaume Jesel, president and CEO, Tom Ford and luxury business development, The Estée Lauder Companies.

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In his new role, King will lead the brand's category, channel and geography strategic growth plans, with a particular focus on its luxury beauty positioning in makeup, fragrance and skin care.

Throughout her career, Green Yip has held senior appointments at Estee Lauder and LVMH.

L’Occitane Appoints Regional Managing Director, Travel Retail APAC

Green Yip will play a vital role in shaping the future of the company's travel retail with the support of its experienced global and APAC travel retail teams.

West Lane Capital Partners Acquires Seven Hair Care Brand

West Lane will bring its deep industry expertise and relationships to support Seven's continued growth and line expansion.

Two $5,000 scholarships, sponsored by Mary Kay, Inc., will be awarded.

SCC Accepting Applications for 2024 Madam C.J. Walker Scholarship

The scholarship program supports specific under-represented minorities of any gender identity pursuing an undergraduate or graduate degree in STEM disciplines relative to the cosmetics and personal care industry.

Tru Fragrance & Beauty features a suite of fragrance lifestyle brands, including Lake & Skye.

Monogram Capital Partners Acquires Majority Stake in Tru Fragrance & Beauty

The firm's investment will serve to accelerate Tru's growth and scale, supporting expanded distribution in the U.S., Canada, U.K., Europe and beyond.