Report: Private Equity Firms Express Interest in THG

Lookfantastic is THG's online pure-play specialist beauty retailer.
Lookfantastic is THG's online pure-play specialist beauty retailer.

Private equity firms such as Advent International and Leonard Green have expressed interest in purchasing THG, according to City A.M.

The e-commerce retailer reportedly is in financial trouble over its corporate governance, cashflow and value of its tech arm Ingenuity, the publication reports. 

THG's shares have reportedly declined 81%, compared to one year ago.

THG is the owner of Cult Beauty and Dermstore, among other entities. 



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