Report: THG Buying Bentley Laboratories

Riverside and Norgate are selling Bentley Laboratories.
Riverside and Norgate are selling Bentley Laboratories.

The Riverside Company and Norgate Holdings have reportedly signed a definitive agreement with Dermstore owner THG to sell beauty manufacturer Bentley Laboratories, according to Private Equity Wire. The transaction is expected to close within 30 days.

Previously: Seppic Acquires EPI France

Guggenheim Securities, LLC is reportedly acting as exclusive financial adviser to Bentley on the sale.

THG recently reported a 41.5% year-over-year revenue increase amid its e-commerce expansion.

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