Happi Staff11.28.20
No doubt that 2020 has been a rollercoaster. But there are plenty of investors who are flush with cash despite the pandemic. Here's a list of VC and PE groups who do beauty deals.
Advent International
Boston, MA
Current investment: Olaplex
Deal range: Invests $100 million to $2 billion in companies with $50 million in sales
Contact: Tricia Glynn, managing director
Alliance Consumer Growth
New York and Los Angeles
Current investments: Harry’s, Milk Makeup, Ouai, Nudestix, Pacifica, Tata Harpers
Deal range: Invests $5 million to $30 million in companies with $5 million to $50 million in sales.
Contact: Julian Steinberg, cofounder and managing partner
Ancora Investment Holdings
Chicago
Current investments: Indie Lee, Vapour Beauty, Taos Aer Clean Deodorant
Deal range: Invests varying amounts in companies with up to $10 million in sales.
Contact: Nicky Kinnaird, Lori Perella Krebs, co-founders
Bain Capital
Boston
Current investments: Maesa, WWP Inc.
Deal range: Invests $150 million-plus in companies with $100 million to $5 billion in sales.
Contacts: Ryan Cotton, managing director; Miray Topay, principal
Beechwood Capital
Wellesley, MA
Current investments: Kosas, Shani Darden Skin Care, Violet Grey
Deal range: Invests $2 to 5 million in companies with $5 to $20 million in sales.
Contact: Larry Kahn, founder and managing partner
Bertram Capital Partners
San Mateo, CA
Current investments: Paula’s Choice
Deal range: Invests $25 to $100 million in companies with between $30 to $250 million in sales.
Contact: Jeff Drazan, managing director
The Carlyle Group
Washington, DC
Current investments: Perfect Diary, Tokiwa
Deal range: Invests $50 million to several billion dollars per company, in companies with at least $75 million in sales.
Contact: Jay Sammons, managing director
Clerisy
Miami
Current investments: N/A
Deal range: $5 to $20 million in companies with $10 million-plus in sales.
Contacts: Alexandra Wilkis Wilson; Lisa Myers, cofounders
Cornell Capital
New York, NY
Current investments: Knowlton Development Corp., Blue Mistral
Deal range: $25 to $100 million in companies with between $10 to $500 million in sales.
Contact: Justine Cheng, partner
Cult Capital
New York, NY
Current investments: Supergoop, Lawless Beauty
Deal range: Up to $10 million in companies with at least $2 million in sales.
Contact: Christine Holcomb, brand associate
DGNL Ventures
New York, NY
Current investments: N/A
Deal range: Invests $250,000 to $1 million in companies with at least $2 million in sales.
Contacts: Desiree Gruber, Nir Liberboim, co-founders
Encore Consumer Capital
San Francisco, CA
Current investments: Supergoop, Butter London
Deal range: $5 to $40 million in companies with between $10 and $100 million in sales.
Contacts: Robert Brown, managing director, Nichole Novak Ferrara, vice president
Fernbrook Capital Management LLC
New York, NY
Deal range: up to $5 million in Seed & Series A rounds
Contacts: Bill Detwiler, bill@fernbrookmgmt.com or Marigay McKee, marigay@fernbrookmgmt.com
Fenwick Brands
Birmingham, AL
Current investments: Madison Reed, Ursa Major
Deal range: $3 to $12 million in companies with $5 million-plus in sales.
Contact: Elizabeth Stewart, partner
Finn Capital Partners
San Francisco, CA
Current investments: Starface, Crown Affair, Winky Lux, Kjaer Weis, Ursa Major, Needed, Cake, Plus, Vacation
Deal range: Invests $100,000 to $1.5 million in companies with up to $10 million in sales.
Contact: Pat Finn, managing partner and cofounder
Forerunner Ventures
San Francisco, CA
Current investments: Glossier, Curology, Prose, Necessaire
Deal range: $1 to $10 million in companies with $1 to $10 million-plus in sales.
Contact: Kirsten Green, founder and managing partner
General Atlantic
New York, NY
Current investments: Forma Brands, Grove Collaborative
Deal range: $25 million to $500 million in companies of varying sizes
Contact: Andrew Ferrer, managing director
Gryphon Investors
San Francisco, CA
Current investments: RoC Skincare, Milani Cosmetics
Deal range:Invests $50 million to $500 million in companies with $50 million to $250 million in sales.
Contact: Matt Farron, partner
Grace Beauty Capital
New York, NY
Current investments: Pause Well Aging, Supergoop, Pinrose, Glamsquad, Birchbox, Harry’s
Deal range: Invests $500,000 to $5 million in companies with less than $20 million in sales.
Highlander Partners
Dallas, TX
Current investments: N/A
Deal range: Various for businesses with sales between $10 million and $100 million
Contact: David Olsen, managing director
Imaginary Ventures
New York, NY
Current investments: Bread Beauty Supply, Hum Nutrition, Nécessaire, Hawthorne, Kosas, Glossier
Deal range: $1 million to $10 million in companies prelaunch to $50 million in sales.
Contact: Kelly Dill, principal
Kainos Capital
Dallas, TX
Current investments: Beautybio
Deal range: Invests $30 million to $150 million in companies with $20 million to $100 million in sales.
Contact: Jay Desai, partner
KarpReilly
Greenwich, CT
Current investments: BoxyCharm, Freck Beauty, Clean Skin Club
Deal range: Invests $500,000 to $25 million in companies with up to $50 million in sales.
Contact: Will Mooney, vice president
L Catterton
Greenwich, CT
Current investments: Bliss, Ideal Image, One Spa World, StriVectin, The Honest Co., Intercos, CoverFX, Il Makiage, Kopari, Nutrafol, Public Goods, Tula, Etvos, Marabou, Pibiplast, Espacolaser.
Deal range: Invests $10 million to $1 billion in companies with $5 million to $1.5 billion-plus in sales.
Contact: Nik Thukral, managing partner
Main Post Partners
San Francisco
Current investments: Dr. Dennis Gross Skin Care, Sugared + Bronzed, Not Your Mother’s, Milk Makeup
Deal range: Invests $25 million to $150 million+ in companies with between $25 million and $250 million-plus in sales.
Contact: Jeff Mills, managing partner
MidOcean Partners
New York, NY
Current investments: BH Cosmetics, Image Skincare
Deal range: Invests $30 million to $50 million in companies with $20 million to $250 million in sales.
Contacts: Sara Parker, principal; Matt Rubel, chairman
New Theory Ventures
Houston and Los Angeles
Current investments: Owa Hair, Selfish, Scotch Porter
Deal range: Invests $1 million-$20 million in companies with up to $40 million in sales.
Contacts: Nikki Eslami and Rob Sebastian, co-founders and partners
North Castle Partners
Greenwich, CT
Current investments: N/A
Deal range: Invests $10 million to $50 million in companies with more than $10 million in sales.
Key Player: Rich Gersten, industry adviser
Point King Capital
San Francisco and Sydney
Current investments: The Beauty Chef, Bybi, Esmi Skin Minerals
Deal range: Invests $250,000 to $50 million in companies of varying sizes.
Contact: Sam McKay, founding partner
Prelude Growth Partners
New York, NY
Current investments: 8Greens, Sol de Janeiro, Summer Fridays, Westman Atelier
Deal range: Invests $8 million to $30 million in companies with between $8 million to $50 million in sales.
Contacts: Neda Daneshzadeh, partner, Alicia Sontag, partner
San Francisco Equity Partners
San Francisco, CA
Current investments: Yes To, Jane Iredale
Deal range: $10 million to $50 million in companies with $10 million to $75 million in sales.
Contact: Scott Potter, managing partner
Sandbridge Capital
New York, NY
Current investments: Ilia, Peach & Lily, Youth to the People
Deal range: $10 million to $30 million in companies of varying sizes.
Contact: Ken Suslow, founding managing partner
Silas Capital
New York, NY
Current investments: Ilia Beauty, Herbivore, Hatch Collection, Function of Beauty, Everden, Zitsticka
Deal range: Invests $3 million to $10 million in companies with sales between $5 million and $25 million.
Contact: Brian Thorne, partner
Sonoma Brands
Sonoma, CA
Current investments: Hum Nutrition, True Botanicals, Versed, Merit
Deal range: $2 million to $5 million in companies with $3 million to $30 million in sales.
Contact: Kevin Murphy, managing director
Stage1 Fund
Anaheim Hills, CA
Current investments: Ellis Brooklyn, Freck Beauty, Hatch Collection, Herbivore Botanicals, Saie
Deal range: Invests $100,000 to $2 million in early-stage Stage1 clients.
Contact: Lila Sharifian, chief financial officer, personal care and beauty
Stripes Group
New York, NY
Current investments: Kosas
Deal range: Invests $10 million-$100 million+ in companies with $10 million+ in sales.
Contact: Christianne Molina, associate
Swander Pace
San Francisco, CA
Current investments: Glo Skin Beauty, J.R. Watkins
Deal range: Invests $10M to $60M in companies with between $20M and $300M in sales
Contact: Mo Stout, managing director
TA Associates
Boston, MA
Current investments: Paula's Choice, MAV Beauty Brands
Deal range: Invests $50 million to $500 million in companies of varying sizes.
Contact: Jeffrey Barber, managing director
Topspin Consumer Partners
Mamaroneck, NY
Current investments: Japonesque, reCommerce
Deal range: Invests $10M to $35M in companies with $20M to 100M in sales.
Contact: Leigh Randall, managing partner
TPG
San Francisco, CA
Current investments: Rodan + Fields, Anastasia Beverly Hills (TPG Capital), Beautycounter, Ipsy (TPG Growth)
Deal range: TPG Capital invests $100 million-plus in companies with $100 million-plus in sales. TPG Growth invests $50 million to $200 millioin companies with $30 million-plus in sales.
Contacts: Paul Hackwell, partner, TPG Capital / Heather Smith Thorne, partner, TPG Growth
Traub Capital
New York, NY
Current investments: Mana Products, EverPro GreyAway
Deal range: Invests $15 million to $50 million per acquisition in companies with $50 million to $250 million in sales.
Contact: Mortimer Singer, managing partner
True Beauty Capital
New York, NY
Current investments: Aquis, K18
Deal range: $1 million to $3 million in companies with more than $2 million in sales.
Contact: Rich Gersten, founder and managing partner
TSG Consumer Partners
San Francisco, CA
Current investments: Huda Beauty, Hempz, Zoeva, Makeup Revolution
Deal range: $200 million to $800 million in companies with between $100 million and $1 billion in sales.
Contacts: Hadley Mullin, senior managing director and Colin Welch, managing director
VMG Partners
San Francisco, CA
Current investments: Briogeo, Necessaire, Perfect Diary, Musely, Hello Bello
Deal range: Invests $10 million to $150 million in companies with $10 million to $500 million in sales.
Contacts: Robin Tsai, general partner and Alisa Williams, partner
Waldencast
New York, NY and London
Current investments: C16 Biosciences, Costa Brazil, Manual.co, Kjaer Weis, Salve, Stealth Beauty Company
Deal range: Invests $1 million to $20 million in companies with between $2 million and $40 million in sales.
Contact: Michel Brousset, founder and CEO
Windsong Capital Partners/Windsong Brands
Westport, CT
Current investment: Lilah B.
Deal range: Invests $3 million to $30 million in companies with sales between $3 million and $10 million.
Contact: William Sweedler, CEO
Yellow Wood Partners
Boston, MA
Current investments: PPI Beauty: Freeman Beauty, Real Techniques, EcoTools, Isle of Paradise, Tan Luxe, Tanologist.
Deal range: Invests $10 million to $300 million in companies with $20 million and $250 million in sales.
Contact: Tad Yanagi, partner
Advent International
Boston, MA
Current investment: Olaplex
Deal range: Invests $100 million to $2 billion in companies with $50 million in sales
Contact: Tricia Glynn, managing director
Alliance Consumer Growth
New York and Los Angeles
Current investments: Harry’s, Milk Makeup, Ouai, Nudestix, Pacifica, Tata Harpers
Deal range: Invests $5 million to $30 million in companies with $5 million to $50 million in sales.
Contact: Julian Steinberg, cofounder and managing partner
Ancora Investment Holdings
Chicago
Current investments: Indie Lee, Vapour Beauty, Taos Aer Clean Deodorant
Deal range: Invests varying amounts in companies with up to $10 million in sales.
Contact: Nicky Kinnaird, Lori Perella Krebs, co-founders
Bain Capital
Boston
Current investments: Maesa, WWP Inc.
Deal range: Invests $150 million-plus in companies with $100 million to $5 billion in sales.
Contacts: Ryan Cotton, managing director; Miray Topay, principal
Beechwood Capital
Wellesley, MA
Current investments: Kosas, Shani Darden Skin Care, Violet Grey
Deal range: Invests $2 to 5 million in companies with $5 to $20 million in sales.
Contact: Larry Kahn, founder and managing partner
Bertram Capital Partners
San Mateo, CA
Current investments: Paula’s Choice
Deal range: Invests $25 to $100 million in companies with between $30 to $250 million in sales.
Contact: Jeff Drazan, managing director
The Carlyle Group
Washington, DC
Current investments: Perfect Diary, Tokiwa
Deal range: Invests $50 million to several billion dollars per company, in companies with at least $75 million in sales.
Contact: Jay Sammons, managing director
Clerisy
Miami
Current investments: N/A
Deal range: $5 to $20 million in companies with $10 million-plus in sales.
Contacts: Alexandra Wilkis Wilson; Lisa Myers, cofounders
Cornell Capital
New York, NY
Current investments: Knowlton Development Corp., Blue Mistral
Deal range: $25 to $100 million in companies with between $10 to $500 million in sales.
Contact: Justine Cheng, partner
Cult Capital
New York, NY
Current investments: Supergoop, Lawless Beauty
Deal range: Up to $10 million in companies with at least $2 million in sales.
Contact: Christine Holcomb, brand associate
DGNL Ventures
New York, NY
Current investments: N/A
Deal range: Invests $250,000 to $1 million in companies with at least $2 million in sales.
Contacts: Desiree Gruber, Nir Liberboim, co-founders
Encore Consumer Capital
San Francisco, CA
Current investments: Supergoop, Butter London
Deal range: $5 to $40 million in companies with between $10 and $100 million in sales.
Contacts: Robert Brown, managing director, Nichole Novak Ferrara, vice president
Fernbrook Capital Management LLC
New York, NY
Deal range: up to $5 million in Seed & Series A rounds
Contacts: Bill Detwiler, bill@fernbrookmgmt.com or Marigay McKee, marigay@fernbrookmgmt.com
Fenwick Brands
Birmingham, AL
Current investments: Madison Reed, Ursa Major
Deal range: $3 to $12 million in companies with $5 million-plus in sales.
Contact: Elizabeth Stewart, partner
Finn Capital Partners
San Francisco, CA
Current investments: Starface, Crown Affair, Winky Lux, Kjaer Weis, Ursa Major, Needed, Cake, Plus, Vacation
Deal range: Invests $100,000 to $1.5 million in companies with up to $10 million in sales.
Contact: Pat Finn, managing partner and cofounder
Forerunner Ventures
San Francisco, CA
Current investments: Glossier, Curology, Prose, Necessaire
Deal range: $1 to $10 million in companies with $1 to $10 million-plus in sales.
Contact: Kirsten Green, founder and managing partner
General Atlantic
New York, NY
Current investments: Forma Brands, Grove Collaborative
Deal range: $25 million to $500 million in companies of varying sizes
Contact: Andrew Ferrer, managing director
Gryphon Investors
San Francisco, CA
Current investments: RoC Skincare, Milani Cosmetics
Deal range:Invests $50 million to $500 million in companies with $50 million to $250 million in sales.
Contact: Matt Farron, partner
Grace Beauty Capital
New York, NY
Current investments: Pause Well Aging, Supergoop, Pinrose, Glamsquad, Birchbox, Harry’s
Deal range: Invests $500,000 to $5 million in companies with less than $20 million in sales.
Highlander Partners
Dallas, TX
Current investments: N/A
Deal range: Various for businesses with sales between $10 million and $100 million
Contact: David Olsen, managing director
Imaginary Ventures
New York, NY
Current investments: Bread Beauty Supply, Hum Nutrition, Nécessaire, Hawthorne, Kosas, Glossier
Deal range: $1 million to $10 million in companies prelaunch to $50 million in sales.
Contact: Kelly Dill, principal
Kainos Capital
Dallas, TX
Current investments: Beautybio
Deal range: Invests $30 million to $150 million in companies with $20 million to $100 million in sales.
Contact: Jay Desai, partner
KarpReilly
Greenwich, CT
Current investments: BoxyCharm, Freck Beauty, Clean Skin Club
Deal range: Invests $500,000 to $25 million in companies with up to $50 million in sales.
Contact: Will Mooney, vice president
L Catterton
Greenwich, CT
Current investments: Bliss, Ideal Image, One Spa World, StriVectin, The Honest Co., Intercos, CoverFX, Il Makiage, Kopari, Nutrafol, Public Goods, Tula, Etvos, Marabou, Pibiplast, Espacolaser.
Deal range: Invests $10 million to $1 billion in companies with $5 million to $1.5 billion-plus in sales.
Contact: Nik Thukral, managing partner
Main Post Partners
San Francisco
Current investments: Dr. Dennis Gross Skin Care, Sugared + Bronzed, Not Your Mother’s, Milk Makeup
Deal range: Invests $25 million to $150 million+ in companies with between $25 million and $250 million-plus in sales.
Contact: Jeff Mills, managing partner
MidOcean Partners
New York, NY
Current investments: BH Cosmetics, Image Skincare
Deal range: Invests $30 million to $50 million in companies with $20 million to $250 million in sales.
Contacts: Sara Parker, principal; Matt Rubel, chairman
New Theory Ventures
Houston and Los Angeles
Current investments: Owa Hair, Selfish, Scotch Porter
Deal range: Invests $1 million-$20 million in companies with up to $40 million in sales.
Contacts: Nikki Eslami and Rob Sebastian, co-founders and partners
North Castle Partners
Greenwich, CT
Current investments: N/A
Deal range: Invests $10 million to $50 million in companies with more than $10 million in sales.
Key Player: Rich Gersten, industry adviser
Point King Capital
San Francisco and Sydney
Current investments: The Beauty Chef, Bybi, Esmi Skin Minerals
Deal range: Invests $250,000 to $50 million in companies of varying sizes.
Contact: Sam McKay, founding partner
Prelude Growth Partners
New York, NY
Current investments: 8Greens, Sol de Janeiro, Summer Fridays, Westman Atelier
Deal range: Invests $8 million to $30 million in companies with between $8 million to $50 million in sales.
Contacts: Neda Daneshzadeh, partner, Alicia Sontag, partner
San Francisco Equity Partners
San Francisco, CA
Current investments: Yes To, Jane Iredale
Deal range: $10 million to $50 million in companies with $10 million to $75 million in sales.
Contact: Scott Potter, managing partner
Sandbridge Capital
New York, NY
Current investments: Ilia, Peach & Lily, Youth to the People
Deal range: $10 million to $30 million in companies of varying sizes.
Contact: Ken Suslow, founding managing partner
Silas Capital
New York, NY
Current investments: Ilia Beauty, Herbivore, Hatch Collection, Function of Beauty, Everden, Zitsticka
Deal range: Invests $3 million to $10 million in companies with sales between $5 million and $25 million.
Contact: Brian Thorne, partner
Sonoma Brands
Sonoma, CA
Current investments: Hum Nutrition, True Botanicals, Versed, Merit
Deal range: $2 million to $5 million in companies with $3 million to $30 million in sales.
Contact: Kevin Murphy, managing director
Stage1 Fund
Anaheim Hills, CA
Current investments: Ellis Brooklyn, Freck Beauty, Hatch Collection, Herbivore Botanicals, Saie
Deal range: Invests $100,000 to $2 million in early-stage Stage1 clients.
Contact: Lila Sharifian, chief financial officer, personal care and beauty
Stripes Group
New York, NY
Current investments: Kosas
Deal range: Invests $10 million-$100 million+ in companies with $10 million+ in sales.
Contact: Christianne Molina, associate
Swander Pace
San Francisco, CA
Current investments: Glo Skin Beauty, J.R. Watkins
Deal range: Invests $10M to $60M in companies with between $20M and $300M in sales
Contact: Mo Stout, managing director
TA Associates
Boston, MA
Current investments: Paula's Choice, MAV Beauty Brands
Deal range: Invests $50 million to $500 million in companies of varying sizes.
Contact: Jeffrey Barber, managing director
Topspin Consumer Partners
Mamaroneck, NY
Current investments: Japonesque, reCommerce
Deal range: Invests $10M to $35M in companies with $20M to 100M in sales.
Contact: Leigh Randall, managing partner
TPG
San Francisco, CA
Current investments: Rodan + Fields, Anastasia Beverly Hills (TPG Capital), Beautycounter, Ipsy (TPG Growth)
Deal range: TPG Capital invests $100 million-plus in companies with $100 million-plus in sales. TPG Growth invests $50 million to $200 millioin companies with $30 million-plus in sales.
Contacts: Paul Hackwell, partner, TPG Capital / Heather Smith Thorne, partner, TPG Growth
Traub Capital
New York, NY
Current investments: Mana Products, EverPro GreyAway
Deal range: Invests $15 million to $50 million per acquisition in companies with $50 million to $250 million in sales.
Contact: Mortimer Singer, managing partner
True Beauty Capital
New York, NY
Current investments: Aquis, K18
Deal range: $1 million to $3 million in companies with more than $2 million in sales.
Contact: Rich Gersten, founder and managing partner
TSG Consumer Partners
San Francisco, CA
Current investments: Huda Beauty, Hempz, Zoeva, Makeup Revolution
Deal range: $200 million to $800 million in companies with between $100 million and $1 billion in sales.
Contacts: Hadley Mullin, senior managing director and Colin Welch, managing director
VMG Partners
San Francisco, CA
Current investments: Briogeo, Necessaire, Perfect Diary, Musely, Hello Bello
Deal range: Invests $10 million to $150 million in companies with $10 million to $500 million in sales.
Contacts: Robin Tsai, general partner and Alisa Williams, partner
Waldencast
New York, NY and London
Current investments: C16 Biosciences, Costa Brazil, Manual.co, Kjaer Weis, Salve, Stealth Beauty Company
Deal range: Invests $1 million to $20 million in companies with between $2 million and $40 million in sales.
Contact: Michel Brousset, founder and CEO
Windsong Capital Partners/Windsong Brands
Westport, CT
Current investment: Lilah B.
Deal range: Invests $3 million to $30 million in companies with sales between $3 million and $10 million.
Contact: William Sweedler, CEO
Yellow Wood Partners
Boston, MA
Current investments: PPI Beauty: Freeman Beauty, Real Techniques, EcoTools, Isle of Paradise, Tan Luxe, Tanologist.
Deal range: Invests $10 million to $300 million in companies with $20 million and $250 million in sales.
Contact: Tad Yanagi, partner
