Report: IL Makiage Sells 9% Stake

Jan 10th, 2022

Jacquelyn Mueller, associate editor, Global Cosmetic Industry

IL Makiage now has a valuation of nearly $1.5 billion.

IL Makiage now has a valuation of nearly $1.5 billion.

IL Makiage has sold 9% of its shares for $130 million to generate investment funds, according to a report at Globes.

Previously: Il Makiage Names Lindsay Drucker Mann as CFO

The company now has a valuation of nearly $1.5 billion.

Globes reports that the sale of shares is intended to help the brand "become better known ahead of a potential IPO on Wall Street." The funds raised will reportedly be used to purchase the shares held by Holtzman and Catterton.

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Titles and blurbs that exceed the above number of characters will be edited for length by Allured.

Titles and blurbs that exceed the above number of characters will be edited for length by Allured.

The Shatterproof, Customizable and Recyclable PET droppers that you have been waiting for.

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Vizor is a global leader in zinc oxide powders and dispersions.

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Univar Solutions will exclusively distribute its pigments and colorants used in cosmetics and personal care formulations for Koel Colours.

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